Gonna be a light-hearted post.

First of all, the cover level of the longs, 1.0947 was plotted 30+ trading days ago.

Secondly, this market has both embedded stochastic to the upside (daily) and to the downside (hourly).

The money flow seems to not get more oversold anymore.

This is a sideways market, where we are working on the extension beyond an A leg up (which plotted the cover level).

After the S0 inferno, we have closed up on the S2. I do not fancy the gray divergence for an end.

A classic mean reversion to the E-9. There should be another yellow divergence later on with the Green volatility line staying below 166. Call this move back down a Wave 4.

I believe that there would be at least one, but very likely 2 more bow-backs up, and an ultimate high beyond 1.10, perhaps 1.1006-1.1030

---

Album #16, Birthday Edition

EOD pro volume making its move.