Mosu

Mosu Updated 

The price is currently printing a triangle (a-b-c-d-e). The alternative count is for a zig zag (alt w - alt x - alt y) No matter which of the two, on a medium term, the exchange rate shall go well below parity.

Mosu Updated 

On August 15th, the S&P 500 quotation has reached 2,193.90 The monthly candle of August is a 'spinning top'. I am bearish (long term view) this indices with a stop loss just above 2,202 and expect a close for September just around 2,133. My first short term target is around 1,650

Mosu

Aussie might revisit the low made in the fall/ winter of 2008 0.7780 has proven an important resistance A decisive weekly close below 0.7579 can open the gates for a run towards 0.64

Mosu

USD 131.98 might prove to be a relevant top for Facebook' share price. Another minor move up, towards the area of USD 132.50 shall not be excluded. A stop-loss has to be placed accordingly.

Mosu

The quotation of 47.13 reached in April 2016 might stand as a long term top for the shares of Coca-Cola (KO).

Mosu

After a 34 years old down trend, this chart shows an away from equilibrium positioning. For the US bonds 30 years, the price fractal might complete just few pips below 2% interest rate. This is going to be a key moment in capital markets.

Mosu

Medium to long term, it's a long way down. My first price target is around 1.04

Mosu

Scenario 1: EURUSD build a corrective wave under the shape of a zig-zag (w-x-y) ending around 1.20 and USDX reaches down towards 90 or even 88 Scenario 2: EURUSD prints a triangle (a-b-c-d-e) and USDX leaves behind 92.40 as a relevant low. Other currency pairs in the Dollar index shall bring their own influence.

Mosu

Medium to long term, it's a long way down. My first price target is around 1.04

Mosu

101.50 has proven a strong support back in December 1999, December 2004 and for other 6 months in 2014. The price action around the 200 months moving average and 200 weeks moving average shall bring even more clarity. Considering a long position against the low of 98.70

Mosu

Seeing the low of May 3 as the price bottom of a 3 wave correction for the previous leg up from 72 to 100. If that proves right, aim above 114 and towards 120. A more complex correction, with a low in the area of 89 or 90, shall not be excluded.

Mosu

If weekly closings stay under 1250, my bias remains bearish . My concern is the December's monthly candle which might suggest that 1060 was an important price level, and if that's the case, this run will print its way higher.