Mika's Commentaries
Aug
25
2010
Wave 4,
by Mika
Overall Rating:
A few days silence in here with another projects has passed and it is too late to call nice small tsunamis now which has occured in the market for the beginning of the week again.
But below you you are looking euroyen hourly chart and 3.618 wave argues that one small W3 has ended, potentially correcting IV wave, while it was retraced by 0.786 also.
SPX target somewhere 870-930 area but as next we might have bounce ahead tomorrow.
Another post tomorrow....
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