I am glad that I got out of my longs yesterday given the current impasse but my shorts got stopped out at Breakeven as I put the orders in before going to bed. So, I am out completely and trying to ignore that familiar feeling telling me to make a decision. FOMC at 7pm tonight is meant to be sorting the direction out, but I'll see if the opening ranges will help out at the London open. In the interim, nothing has changed in the bigger picture: we have a 'triangle breakout' on the first daily chart, that has just not got going or we have an 'abc' in 'b' up after the 133.81 high on the 2nd chart, which is on its last legs or in fact has already crumbled and we are in the next move down in little 'd' in a contracting diagonal or a bigger 'c' in a flat. Not a lot more to say other than "I'll wait and see which way the wind blows and try and follow".
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