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Wednesday, March 28, 2012

Coffee: EW count, updated.



This is an update to our post from march 7. We can see that the 50% retracement has been reached,in the monthly chart and in the daily chart we can see a possibility that the retrace is finish,in case this is a wave 4 or a pullback is due for next months and then continue it's way down.

Wednesday, March 7, 2012


$COFFEE: Monthly and daily EW count. Wave 4 or wave 2 & targets

$SPX: EOD EW count and forecast for next days.




If we are right in our forecast,below, and this is effectively a little wave 4,up, target could be in place or very near. If this is a wave 4,then next days we could see the continuation of the bigger wave 4 with a preliminary target of 1, 375. 




Wednesday, March 28, 2012

$SPX: 14:52 ET. Target area for little wave 4 up.


$SPX: 1 year daily chart. EW count and forecast.