... it will be a very interesting week: #FED, #BOJ & #EBA. The #EBA announced that detailed individual results for the banks participating in the 2016 EU-wide stress test, will be published on Friday 29 July 2016 at 22:00 CET. I expect that the report confirms that Italian banks are bankrupt - and it will be the end of the oldest bank in Europe / Monte dei Paschi...
We /in Europe/ are waiting for a miracle, and holders of long positions waiting for the end of the holidays. GL!
The last #CIT /Change in Time/ was on July 29. The index reacted positively. Is that enough? #NPI /I'm not sure/. GL!
Wheat prices are now below of cost production - american farmers say. On the other side - market analysts saying we’re going to have a new cost level cca. $3.75. Next Friday we have another #WASDE report. GL! www.thepatternsite.com
I'll be out of market until July 25 ... you know - sun, wine and relax ... I expect a big price movement on Friday / revision of labor data/ ... but for now this is casino ... GL!
.... carefully short. Happy 4th of July USA !
... in short term - carefully long. We are waiting for the action of central banks. thepatternsite.com
Today we have in Spain the parliamentary elections. These elections will win definitely block of #UnidosPodemos. What does this mean for us? Another exit from the #UE and Catalonia's independence. Poor Europe abducted by german bear! It's time for change! en.wikipedia.org(Rembrandt)
Goldman argues that this is 'nowhere' market. But it is also possible that we are just in consolidate. GL! www.elliottwave.net
The latest report from the labor market was tragic. Personally - I am waiting for the revision of data. www.investopedia.com
"The Double Three" idea has proved to be true: ...after correction buy 'X' zone. GL!
Very often in the correction, wave 'Y' has the form of a triangle. Watch out next #USDA report. www.businessinsider.com
#Brexit opened Pandora's box. Nobody knows nothing - any scenario is possible. GL! thepatternsite.com
Technically possible. A lot of similarities with 2009. Rest in Russian hands.
Main question - was there a triangle or not? If Maxim is right, this is not the end of growth: ..but it is already a drugstore, and I'm not a pharmacist.
Is it possible that one domed house was part of another? Formation for the careful observation. thepatternsite.com en.wikipedia.org
We have Golden Week in the Japan - time for relaxation and reflection. I hope that Mr. Kuroda will take a decision without waiting for a G-20 summit. On the chart we see standard behavior following fifth wave extension. Time to change the direction. thepatternsite.com
... it looks ugly /for $NIkkei/. We are waiting for #Abenomics part 4. Will the sun rise on Japan again?