Author: intersil@gmail.com

Corrective set is likely starting in here. GU and EU for instance both are hovering at the local top. Seems that EU gave that fifth then also yesterday as expected. With that in mind SPX likely does not have much upside path yet...

4H EW map for the chf-yen does not look happy. Skip & forget it, that setup is going to fail in seconds or minutes. It looked too good to be true ;), EW works from higher TF to smaller one´s – not as inverse...

What a heck is this one? A little and not so little blind hit and entry actually, what a heck is this one. Chf-Yen have my diagonal triangle with required divergence valleys.Might be that larger degrees won´t support...

Very interesting setup, most pairs had today my cont. triangle today (in fact all) but I think this is starting to run out of fuel soon, so does EU if this does. With that in mind we reached my target pretty close, EU have still...

Expecting still more downside movement for tomorrow market as well.EU have a bit werid setup actually, the weird part with it is that W3 does not have higher Macd than W5 which might be related for the fact that my waves are...

Slightly more down as ordered.Tomorrow will be slightly more difficult to estimate without being with market (price) because I believe it is going to be wave change day ie. day where waves change completely in the middle of open...

Looking a slightly more for tomorrow as similiar passive consolidation, perhaps even cosmetic tiny more agressive one but nothing major event.

Cisco: With 23,68 $ potential resistance, time to be a bit carefull for short period.Dow Jones: 10525 time to be a bit carefull for short period.SPX: 1118, resistance, potential backtest coming.