Based simply on support and resistance, AND this being the backend of expiry week (the bears already been screwed), I am thinking 2 likely scenarios:
1) We meander around a narrow range for a while
2) More aggressive and fast longs
How to make money in this market?
I am thinking a call spread, thus limiting downside and with significant upside should market charge ahead.
The risk of massive moves to the downside is omni-present. The HBB does not want retail (yeah, that's you and me) to participate in the drop like in 2008/2009. They want it all for themselves.
See my previous Euro chart, its a good one. Almost shocking.
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Insightful and Useful Comment!