Wednesday, August 5, 2015

USDJPY 1hr


The USDJPY is finally breaking out of consolidation and moving higher it what could be the start of a bullish 3rd wave.  Initial target is the 127 area.

PLEASE NOTE: THIS IS JUST AN ANALYSIS BLOG AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. THE DATA HERE IS MERELY AN EXPRESSED OPINION. TRADE AT YOUR OWN RISK.

EURUSD Daily


The Euro is working its way lower and remaining under the moving averages with a steady series of lower lows and lower highs. the trend is firmly down with 1.05 as the initial target.

PLEASE NOTE: THIS IS JUST AN ANALYSIS BLOG AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. THE DATA HERE IS MERELY AN EXPRESSED OPINION. TRADE AT YOUR OWN RISK.

S$P Futures 1hr


This morning's pop looks like a wave ii and now the bears can regain control, putting the market under heavy pressure the rest of the week.


PLEASE NOTE: THIS IS JUST AN ANALYSIS BLOG AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. THE DATA HERE IS MERELY AN EXPRESSED OPINION. TRADE AT YOUR OWN RISK.

Tuesday, August 4, 2015

S&P Futures 1hr



S&Ps working lower, albeit slowly.  If the wave count above is correct, then prices should move sharply lower tomorrow, and possibly the rest of the week.  A push higher above 2110 means that the bulls have probably regained control and will push prices higher for a while.

PLEASE NOTE: THIS IS JUST AN ANALYSIS BLOG AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. THE DATA HERE IS MERELY AN EXPRESSED OPINION. TRADE AT YOUR OWN RISK.

Monday, August 3, 2015


The wave count is playing out as expected. If correct, this wave count suggests a strong short term downtrend that should last a week or two.  The first target is 2056.

PLEASE NOTE: THIS IS JUST AN ANALYSIS BLOG AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. THE DATA HERE IS MERELY AN EXPRESSED OPINION. TRADE AT YOUR OWN RISK.

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