This pair is respecting the channel. It formed a double top and has fallen since then. I anticipate a drop to the 1.088 area and then watch for signs of continued channel respect or not.
This pair has uniquely broken the flag. It broke to immediately retest and pushed back below before surging again. If this pair can push past this area of resistance, we could see a push to the 1.112 area.
This pair has broken the neckline .9052 and has supported it. We also have a inside day bar right after the break. We should see a nice little run to the .935 area. Maybe even a slightly higher push to the .938 area as that is a major level.
The Dollar Index has been in this channel for quite some time. Respecting both the top and bottom of the channel. It has recently formed a double bottom. I anticipate/expect a move to the 98.7 area.
This pair had formed a Head and Shoulders. We had a small break of the neckline at .6443. I think the resistance will hold for now. But overall, this should break to the upside. Goal of .6670 is likely.
This pair broke the channel and retested it. Upon the retest, it's moved back down. But now we're at a small support area. If it can break the recent low, we should get a run to the .9750-.97 area.
This pair broke the trend of the ascending triangle and made an immediate retest. We also have a pair of all but tweezer tops. We can anticipate and expect this pair to move lower.
This pair is being very interesting. It's made numerous tops all around the same area, then dropping to a support/neckline of 1.73. With the most recent test of the neckline, more then likely we will see this pair go and retest a big area of interest around 1.76.
This pair sat at the neckline of 1.0835 for quite some time even making a few false breakouts. It finally started moving back up towards the trend which was expected. We should see a test of the trend then a move back down.
This pair has made a triple bottom. And is also at a small resistance area. If it can crack this small area, a test of the descending triangle neckline at 1.49 is very likely. If that neckline is respected, which it should be since the descending triangle is the overall bigger pattern, this pair is poised to go lower.
This pair made a slight pull back this week before starting back up. I think we can anticipate more of a test of the upper channel before coming back down. We will keep watching to see what happens.
This pair has formed a double bottom. It currently sits just above the neckline at .6880. It also has made an inside day bar. I don't much upside on this pair as a test of the .70 is likely and is also the neckline of the overall descending triangle. I think we can anticipate a test at .70 then another drop.
I've been keeping my eye on this pair for sometime. Patience is a virtue and can reward those who are willing to wait. There has been a lot of resistance at the .9052 neckline. The last break formed an inside day bar but was unable to make a new high. The recent break did the same thing. If the pair can make a new high, we can anticipate a run to the .94 area.
Microsoft has been in consolidation for the last few months with no real major breaks. With the recent break up, we can anticipate a bullish run to all new highs.
GE is poised to make a nice bull run. They've made a habit over the years of slowly climbing then crashing down. This is no different. They went from a high of about 27.50 to 6.40 in a matter of about 18 months. With a trend of higher lows over the last few weeks, we can anticipate GE will start making a run back up.
With the break of the bottom channel, I was not anticipating/expecting such a hard retest. However, if the retest is respected we can see this pair going back down.
This pair broke the trend line a little earlier then anticipated. I don't anticipate a retest of the trend, however it could happen. We can expect some slight pull backs but I ultimately see this pair going down. Goal would be 1.26 area.
