WXYXZ. Wave Z is a descending triangle supported by 200MA, 11900. Target is 13300-13400 area.
Order cancelled:
Stopped. It should rise one day but nothing to work with. Probably good thing as US indices seems has no good future soon as the yields keeps going up. Rates are expected to go up throughout the 2013?!? Moved to all assets to Japan, Nikkei, etc. Nikkei technicals are coming soon!
Comment:
Looks like back on the plan! could re-enter at retrace some point. Many think yields are peaked?!? Still risky though, US stocks...
Comment:
Yields are finally dropping BUT indices as well... the worst version of correlation at the moment...
Trade closed: target reached