Yesterday an uptrend was identified in GOLD and so far it is up 16$ this morning. The support area on GOLD was identified over 2 weeks ago and was not ephermeral or imagined. The TRENDBODYCLOUD consistently reduced in size as...
Read MoreIf you had viewed the updates at 7PM last night, you would have seen that the “ANTICIPATED” for the EURO, AUSSIE, POUND, and DOW was LOWER and for the POUND 1.5303 as the LOWER RELEVANT PRICE AREA(LRPA). The pound at...
Read MoreBy the very nature of the fundamental reason for the recent move in the EURO (i.e. QE is inevitable then good earnings reports [which would indicate less of a need for QE] has to be counterreactive for the EURO while it will be...
Read MoreOkay, I’m getting nervous about this move in the EURO(FX). The UPTREND that was initiated on Sep 13 at 1.2876 is now over +1050 pips. The latest move (the one from 1.3883 down to 1.3800 and the subsequent move...
Read MoreThe potential for a COUNTERTREND move in the EURO(FX) and the DOW is increasng. Remember, the trend was initiated on the EURO(FX) SEP 13 AT 1.2876 and on the DOW SEP 03 AT 10447. Obviously the STOCHASTICS are very...
Read MoreThe CONJUNCTIVE relationship between the EURO(FX) and the DOW is now DISJUNCTIVE. If the theory is that QE is inevitable then that in itself calls for a higher EURO(FX) and a lower DOW, as evidenced by recent price...
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