Sinuhet

Sinuhet

Probably not yet! Will wait untill the YEN weakness is over (aka USD/JPY 108, EUR/JPY 150, GBP/JPY 178, CHF/JPY 125, NZD/JPY 100?)

Sinuhet

going long based on inverse H+S . Stop 0,795

Sinuhet

By 5658 it could be all over... going short with stop 5670 targetting low below 2000 then go long "forever"

Sinuhet

soon worth to short... and around 1.02 is BIG BUY FOREVER

Sinuhet

TXN is very oversold + flirting with support channel = a decent chance for a bounce. Stop 45.5. Target 48.

Sinuhet

ACRX is to BUY with stop by 6.0

Sinuhet

If we are about to finish a major multiyear low as a wave 2 then we should have an uptrend for next few years ahead of us! Stop by all time low of 2.38.

Sinuhet

I think it is time to be cautious. So Long Dow 17152 is taken I am staying short.

Sinuhet

- wave (2) can not go lower then begin of wave (1) which makes us this as a trade opportunity with a good risk reward ratio! - wave (3) has to go above wave (1) and usually is 1.618% of its length This trade will only work if there is a massive USD weakness ahead... Next few hours will decide.

Sinuhet

possible last leg ahead before longterm decline...

Sinuhet

just a small position taken

Sinuhet

I am not long yet, because I think we have not finished the upside swing in both GBP/USD and GBP/JPY. So possibly I am wrong here! Unless we get now hudge rally in EUR... which i doubt we get. I see a strength in USD ahead.

Sinuhet

I will watch closely Dow for a possible reversal around 17150

Sinuhet

Hard to believe what everything happened in the stock market today just during 30 pips in NZD/USD down and some 30 pips up. Considering we may well be reaching an important midterm top tomorrow by 0.8855 and then dip some 350 pips lower I am just wondering how equities will behave during this time. In every case Crude has broken already down, so it all may be...

Sinuhet

perhaps some 60 pips more and we may be ready for a nice decline in 3 waves to finish wave 4 before final run up towards 0.91 - 0.92. Patience is requested!!! I am just wondering what equities will do during this wave 4 down...

Sinuhet

short term top around 0.8855

Sinuhet

too much symmetry for me... I am short with stop 1336

Sinuhet

Apple in in my view on a crrossroad. Basically shown bearish scenario where the current move would end up by 97.44. This value is from the stockcharts and is correct. By 97.44 not only those 2 waves from 2013 low would be equal, but there is some further symetry in the current subwaves (not shown here) speaking clearly for 97.44. If we break higher, one has to...