i am thinking DJIA has 2 choices 1)accelerate higher and higher above 3000 OR 2) has hit extreme high and commences down creating a expanding triangle
AUDNZD at a good area for a buy, little risk using fib as sl
lets hope this head and shoulder kicks into gear the early part of this week
while i expect the head and shoulders on weekly chart may hold water. currently on 1 hour chart is a potential bull unfolding
Brent seems to be heading for a short little bull. hopefully thereafter the trend down resumes.
expecting prices to head lower as per the 1,2,3,4,5 (white count) before resuming a nice leg up on weekly chart
Daily/Weekly chart, long term down trend my have started. weakness for EUR and strength for CHF
i expect us dollar weakness for a few weeks, against the majors. maybe against south african rand the us dollar weakness may continue longer. not sure if anyone has another outlook. tnxs
i hope the bulls stay in control all the way to 1300+....maybe 1350 before quite possibly the best short commences...down to 800 maybe even less.
the chart looks promising. but their is a triangle forming also for up swing. a few options here. hope someone has something to add