However, Dax and European bourses are lagging in terms of this year leg up (for obvious reasons) and they are aiming for the wide open key weekly/monthly R in the breakout last August on debt panic (DAX 7250.x for reference).
In US markets (ES) I found some FA mark in my old charts at 141x.x is Resistance on the Bear Stearns collapse very early pre-crisis which it also coincides with those weak "magic lines" on the daily range.
Pre-market looks ready for new push up to those levels mentioned above on the opening range after the break-out yesterday....
So for currencies, dollar in full control. A push up to those levels in stocks for a test sub 1.30xx in eur/dollar as collateral...Profit taking on equities and euro is in perfect levels for a shift in direction....
We'll see
sisse
Pending conversations? PM for a chat...I am mainly in OTM now