I am an EU bear, rode it down all this way. So I am not longing, but If I were a bull, this would be THE first scalp to consider. This COULD be the start of a serious retrace, if there is good news out of Italy. At the least, all of the fibs indicate the end of multiple waves, each of will need to retrace to some extent.
Kudos to anyone who has gone long.
Komen
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Dang it, I am so mad at myself! I was wondering how I could have missed the bottom in the above plan, and what may have been the cause of the actual bottom. Found it! a fb on the WEEKLY from the vary high of EU in 2009 . WOW