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Thursday, July 26, 2012

$EURUSD: Consolidation mode 2. Interesant pattern.


Five hour ago we posted (below) that EURUSD was in consolidation mode. Forecasting is not only up or down because there is a third move: sideways, and it´s important to manage it. Above, we are giving some hours more for this consolidation mode.

$EURUSD: Consolidation mode.


Consolidation mode is a very boring stage, because price fluctuates in a tight range and could last, inclusive, 24 hours. We are bullish after this consolidation finish.



$EURUSD: Consolidation mode.


Consolidation mode is a very boring stage, because price fluctuates in a tight range and could last, inclusive, 24 hours. We are bullish after this consolidation finish.

$BAC: EW count and forecast.


This is only a wish, a thinking, but we stick to our target at 7.35.

$SPY: 5 min chart.EW count and forecast.


In this chart we can see in more detail what could be the development of this wave 3 of c of 2,up

$SPX: EW waves and forecast. Last push up of wave 2, as forecasted before?