The UK is the place where you get to vote with your monthly 3 pounds between a limping donkey and a girl that’s about to be raped.

It would be a long one, so grab a stiff tea.

Live & pay attention.

Nick Rhodes did in fact call the bottom. That red print after a triple reversal divergence was in fact Magenta until the day ended. RSI does re-calibrate and using arb levels runs a risk of missclassification. Perhaps it was due to .1 difference in the settled reading or even less.

Beautiful visuals: fake out above the descending channel. 1.0876 was a listed level.

Yesterday’s pro volume was a hint that they were up to no good.

A bit more about conditions and levels.

Plausible buy conditions include (beyond a previously posted example of Money Flow oversold), a dip into the Municipal Trench (E-207) or the 120-sample 30-min Stochastic returning below the 50 mark after having marked time up there.

As for targets, the thick yellow lines are previous P/NR levels.

..and so it’s time to name this market model.

3 wishes granted. Der Wish would do.

The market is going between Triple F prints and may turn back at the net, the S-356 per hourly.

A Triple F Batch has good momentum behind, and the S-356 may be only a temporary obstacle.

A Triple F Stretch may not get further than a scare-exertion on the opposite Safety Line. All bark, but no bite.

Last chapter is about the digestion of how a reversal zone works.

The shy of level is the Tolerance Level. The 2x level is the Must Overhedge level. It has a potential other end 36 pips out, but it could fail at 26 or 16.

During lots of news coming out like today, in the illiquid market they can easily get a break out move started. The 16-pip is sort of a minimum the hedge level would stumble over. Protective trail stop (CODE 2) highely suggested.

I’ve been twerking on the railroad all the live-long day…