The spectacular USD moves at the start of the week filled multiple really big levels.
One of these is the weekly butterfly in the EURUSD. This could set up a really big retracement and even reverse the overall trend in EURUSD.
This is a really big decision level. If the butterfly fails we'll probably see extreme capitulate style selling in EURUSD for a while - but I think the better odds are on the long for the moment. Dollar really is very extended
EURUSD got significanrly close to the longer term swing target during that last drop.
One of these is the weekly butterfly in the EURUSD. This could set up a really big retracement and even reverse the overall trend in EURUSD.
This is a really big decision level. If the butterfly fails we'll probably see extreme capitulate style selling in EURUSD for a while - but I think the better odds are on the long for the moment. Dollar really is very extended
EURUSD got significanrly close to the longer term swing target during that last drop.
Note
Half profits taken and stops to even.Note
Big bounce but might go lower. 
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.