The euro's structure is still bullish but its coming into some strong timing in the next couple sessions so be aware that a change could happen! The diatonic Sol note comes in 1:00 am EST and a strong Fib 1:1 ratio comes in 0n 4/17. So Friday and the open on Sunday is a time to watch! At this point will the bullish structure override the timing? As they say time will tell, "no pun intended"!
Thursday, April 14, 2011
ES internals
ES's update
S&P Futures
Wednesday, April 13, 2011
S&P Futures
Eur/Usd Update
The Euro is on a relentless move up but since the last larger degree correction we have 9 waves in at today's high. With that said its time to tighten up the stops on long positions. Only a secondary lower high would signal a sell signal and that would be one with a tight stop because the main trend has been up! Personally I'm looking for a secondary lower high to sell into at this point. Timing is coming in at the red vertical lines. The 1.4525 area could halt the move up for some corrective action!
Sunday, April 10, 2011
Russell 2K
Eur/Usd Update
Es's Update
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