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Sunday, June 24, 2012

$EURUSD: Our target for primary wave 2,down.

We are interested in the EW count of this pair, because its correlation with $SPX. Now is in play minuette wave b,down and when it can be in place,very soon, then a little rally to get minute wave 4 in place and after this will come last minute wave 5 to get primary wave 2, down, in place. Our target is near 1.188. (Disclosure: we have any investment in this pair)

$EURUSD: Daily EW count and forecast.

Wave 4 of 5 of c of 2 in play.

$EURUSD:All time, monthly chart. EW count and forecast.

Our last post was on April 22, and our count is still in play. 

Sunday, April 22, 2012

$EURUSD: All time, monthly chart. EW count and forecast.

Yesterday we post our 1 year, daily chart. This chart will help you to understand better our EW count. 
As you can see, the area in-between 2008 and now is a very difficult area to count because there are some count alternatives that respect the 3 Elliot rules. We are trying to investigate some other that could help us in this kind of messy movements.

$BAC: EW count and forecast. Weekly chart.

Using new and nice chart platform. Sticking with our bullish count as a wave c of wave 4,up.

$XLF: EW count and forecast.Weekly chart.

More or less, same count as $BAC, but in this case, a wave 2 is in play.

$GLD: EW count and forecast

Comments on chart.