As far my expectations came out......this should be what will happen from now on......the first flag down is already on the chart, we should wait till the second one appears and then it's time to buy......(it's possible that after the second flag it may rise only til 1341 then come back to 1332 and then rise till 1362)
after the second flag:: 1332-1341---->1315-1309----->1345
alex.a
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serkan - What is your update?
Serkan G
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it will go down till 1332 then it might rise again till 1341 and after this level normally it should go down again till 1315-1309 (if it will not go down after 1341 the then go up is started and will end at the level of 1392-1388......)
alex.a
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What is US PPI (Producer Price Index) of september isn't good ?
Serkan G
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i suppose the ppi data will be good.....
alex.a
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Why? even Dollas Fed Manufacturing Index was not good, yesterday
alex.a
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bad data but DXY is sky-rocketing ~ So, it won't go far ~