After studying the NASDAQ monthly chart iv spotted this scenario. The NASDAQ could be in a potential start of an E wave correction before continuing long. Any thoughts?
We are also at a potential 100% FIB extension.
I think we are going to see UK OIL hit 18.00 - 27.00 in the next few months as the final leg on the monthly chart continues. Possible zig zag completion or a B wave correction leg of a larger B wave.
I think US OIL is in the final stages of completing a B wave. Possible target of $18.01 a barrel falling in line with a descending trend line from October 2004.
NZDUSD is in a possible wave 3 of 2 or perhaps a C wave of an initial larger A wave.
I think the Euro is in a wave E completion. Watch out for possible wave 5 in the next couple of weeks.
I think we may see UKOIL hit 27.03 with a possible 18.50 if wave 5 plays out.
I think we are in a wave 5 on Copper. Possible target of 2.937 around the 1.272 extension of wave 1 starting from the termination of wave 4.
NZDUSD looking bullish on the weekly chart after completing an ABC pattern. Looking for a long entry on a lower timeframe.
Following the median line to 1.338
Following the median line from the 1.47 high. Potential short target 1.30000
Blue Median line showing end to 78.6% retracement. Potential long term short ahead.