Monday, January 18, 2010

EUR/USD UPDATE



The green count is starting to look good. But till i see a big drop in EUR i will stay with the red one.

Good luck

SPX daily update


By my "big picture" is possible one more wave up to finished this expanding diagonal triangle. The bearish count (alternative count) shows P2 already finished.
Despite this, at short term I expected new lows (wave v of C), maybe between 1120-1130.

GBPUSD Update


Using harminic patterns you can see a gartley bearish but by EW's the upside may not finished at short term.

Wheat update


Following the big picture seems wave b or ii will be in some corrective pattern as triangle or flat wave.