C/4 started to progress as expected. I traded break-out 38.2% with EuroDollar with Fed, but shorted it today as my 50% (1.4200) was met. Macd is falling very deeply while price is more conservative to come down (100 – 150 pips at so far) with it. This is likely another sign that main trend with eurodollar is other direction meaning weaker dollar – could come zigzag day today or even rest of the week. Commodites should start following dollar later also, getting stronger. Once this eurodollar 50% level will get breaken, stocks can run more.
I am offline from the marketplace most of december.