futuremedead

FutureMeDead FutureMeDead DBC, 240, Short , a year ago
DBC: $DBC - Working Lower
48 0 1
DBC, 240 Short
$DBC - Working Lower
This is the PowerShares DB Commodity Index. With more than 40% of the index weighted in different forms of oil (Light, Brent, Heating, and RBOB), it resembles the charts of crude and Brent we follow but with a more bearish elliott wave count. Circle wave iv may be underway (crude is up 2.5% right now) and I have ...
FutureMeDead FutureMeDead GBPCHF, 60, Long , 2 years ago
GBPCHF: $GBPCHF Correction Due
135 4 6
GBPCHF, 60 Long
$GBPCHF Correction Due
The rise from 1.4139 is impulsive (5 waves). This implies the trend is up. However, after 5 waves a correction is due. Ideal entry zone is between the 38.2% and 61.8% Fibonacci retracement levels. Areas in blue are real support. Wave count invalidation is all the way down at 1.4139. This analysis is being made to ...
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