raul.luna.7524
Short

Bearish Elliott Wave 3 of 3 formed for nice move

FX:EURUSD   Euro / U.S. Dollar
251 0 2
It appears that the buck has held up pretty nicely despite all the political haggling and wishy-washy Global fundamentals of late. The USD held at critical Elliott Wave Structures and Fibonacci flag post and is acting accordingly on all charts. Gold             and Silver             are both being very stubborn and even though still choppy the trend is favoring down driven down by deflation. US stocks are at critical levels and could break down from here. The Dow is a the make or break point head and shoulders on the weekly with the NASDAQ blow key trend line support. The Dollar Index             seams also to have made a bottom with the EUR and Pound and the rest confirming on Elliott Wave counts. looks like a great place to get in for a bigger dollar move.
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