EUR

Yes it is such a stuff... with fibo retracements . It makes some sense for stocks imo. Elliott was clever enough to recognize EWs are not applicable to relative prices, such as price of one currency in terms of another, if both are traded vs all other currencies.

About Eurobonds, everyone issues Eurobonds. Except countries of Eurozone. Russia has issued
some 10 bln Eurobonds, for ex.

It i surprising as it is incompatible with each and every Euro foundation contract ... basically, and that it is even more alarming, it bypasses the ECB . That could mean ECB is already bankrupt.

Back to Gartley 222. That is different. The starting point is outside of ABCD. But ok., its astrology. Insofar the short entry point was around 1.48 in May.

emmm, dave prefer bot cat...

;)

Bank crsis ActII is almost inevitable.

German Handelsblatt has just unveiled a strategy paper classified as top confidential . It is unclear how it was leaked. If it is not a fake, then the situation of Ezone banks must be FAR more worse than expected. The main issue of the paper is an unpredenced bailout of financial institutions with a volume of 780 bln Eur.
One has to see whether the Spiegel reports tomorrow.