+180 pips.
Eurodollar jumped to 61.8% retracement taken from this last 2 days plunge, while EurYen jumped to the 50 % retracement from this last 2 days plunge. Seems to struggle to go any further from these levels, safety plan exit.
This W4 position cont. triangle is pretty efficent set after W5 placed if divergence is there as well.
There starts to be extreme bearish sentiment for eurodollar while rumours of ECB intervention surfs on the street, any, even temporary reversal can come as violent as plunge has been.
I am out to sailing, likely not back before asian market, besides current SPX short term EW setup is far too complex for my taste (too many alternates available), but longer term is bearish.
