BTC/USD, XRP/USD, ETH/USD, BCH/USD, EOS/USD, LTC/USD
DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Either a clean break at time symmerty at the fib level, or a false move up first. Or, the short setup fails and the short-term bullish trend continues
EWC is based mainly on financial sector and banking depends on house debt.
Real estate market in Canada didn't suffer as US RE so the potential is reall big.
I am looking for an entry.
Enter EWC after breakout above recent highs with stop below recent lows
EWC Relative 010417
EWC Absolute 010417
compared to the CADUSD
Price now in 2009 levels but above 28% from the low. Before any relief is seen there is a good chance we will see that lows in this year. Go realtime alerts www.2waytrading.com
EWC is oversold and at key support. Excepting a rebound.
Looking to Break the downtrend, The almighty dollar will hold the answer this week&next