Seems ED is a possibility in this final upleg into the summer
評論:
Triangle is a bit ugly but does not matter as long as it forms properly
評論:
This whole thing could still play out as a flat meaning could form as irregular flat or running flat. In any way higher highs will follow, the questions is one more downleg to 2300 or higher low as in 2360s?
評論:
Actually flat looks better since will provide alternation which means next week we top out and then sharp decline. Let's see
評論:
Actually could be a larger triangle also. Ahm these 4th wave. Next wave down will decide, if impulsive or corrective what it is
評論:
Triangle should be close to completing on futures
評論:
Complete, lets see whether 2420 is at hand
評論:
ED forming on a lower level seems to me if it breaks below 2380
評論:
So far holding the line at 2380, what a complication
評論:
OK, so it was not a triangle as it seems to me is come form of corrective wave down on a micro level
評論:
Momentum spike on the downside, implying worst is over, At worst a marginal new low should be followed by a new ATH
評論:
Following the general shape so far. Lets' see
評論:
Closed above the 55 dma and good weekly candle bounced off the 20 wma within the BB. So far so good
評論:
Just released CFTC spec net long positioning is neutral, has been cut down significantly. Bullish
評論:
Slightly lowering summer target to 2465/2479
評論:
2nd estimate GDP ticks up to 2% YOY. Goldilocks everywhere. Ongoing acceleration from the bottom in 2Q16
