Indice
daily analysis of AMEREN CORPHi friends
The daily graph of this market shows with a high probability that it will experience a bearish trend but it is not necessary to enter the seller if the market does not break the level of 73.34 Down at the same time you must be vigilant of the change in the sense of the market
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GAP INC DAILY ANALYSISHi friends
The daily graph of this market shows with a high probability that it will experience a downtrend but at the same time we must be vigilant of the change in the direction of the market.
Shangai Ent. - as predicted, more than 20% gains alreadyShangai Enterprises index followed the path predicted on our post of April 5 and reached more than 20% of gains since then. We should see a mild correction before the index reach the end of this wave C up at around 2,365 to 2,731. If prices crosses down 1,935, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
BEL20 - finishing minor 2 up, next move is downwardsBel20 continues on its way down to new lows. In the shorter term view, it is ending minor wave 2 soon. After this, the next move should be minor 3, where the most probable target is is below 3,000. If prices crosses up 3,570, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
ISFA (FTSE100 ETF) - downtrend to new lows continuesISFA continues on its way down to new lows. In the shorter term view, it seems to have finished, or nearly so, minor counter-trend wave 2. The next move should be minor 3, where the most probable target is is below 5,900. If prices crosses up 7,220, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
DAX - trend to new lows continuesDAX continues on its way down to new lows. In the shorter term view, it seems to have finished, or nearly so, minor counter-trend wave 2. The next move should be minor 3, where the most probable target is is below 11,000. If prices crosses up 12,920, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
IBC - next stop below 6,500IBC continues on its way down to new lows. In the shorter term view, it seems to have finished, or nearly so, intermediate counter-trend wave 2 of primary wave 5 down. The next move should be intermediate 3, where the most probable target is is below 6,500. If prices crosses up 8,000, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
E100 - trend continues to new lowsE100 continues on its way down to new lows. In the shorter term view, it seems to have finished, or nearly so, minute counter-trend wave 2. The next move should be minute 3, where the most probable target is is below 2,500. If prices crosses up 2,820, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
S&P 500 WEEKLY ANALYSISHi friends
the weekly graph of this market shows that it will experience an upward trend in the coming weeks but you must not be a buyer when it exceeds the level of 3077.54 while at the same time being vigilant of the change in the opposite direction
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Shangai Enterprises - tracing intermediate C upAs predicted in our April 5 post, Shangai Enterprises is tracing intermediate wave C of primary D of a contracting triangle. Next target is minute wave iii at the most probable level of around 2,093. If the index crosses down 1,832, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
SPX - stronger move down should soon occurSP500 is tracing the early stages of primary wave 3 down. Minutes wave 1 and 2 have finished and soon we should probably see a strong move down to levels below 2,800 in minute wave 3. If prices crosses up 3,160, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
DJI - follows de predicted path - ready for decline soonAs predicted in our June 12 post, DJI started to trace primary wave 3 down. Minute wave 1 and 2 has completed and it should soon move in a strong decline in minute wave 3 down. Minute wave 3 is should end at levels below 23,000 and it is just the initial stage of a further downward path. If price crosses up 26,600, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
W1DOW - reached the target range and reversed, as predictedW1DOW as reached the target range forecasted in our post of May 31 and reversed as predicted. It seems to have finished the minor corrective wave 2 and should soon be tracing minor wave 3 down with strong momentum. The probable target for the end of minor wave 3 should be below 370. If price crosses up 418, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
E100 - near the end of the counter-trend rallyE100 is tracing the end stages of intermediate wave(2). When it finishes, the downtrend to new lows will follow. It already reached 50% of retracement of wave (1) but it could continue up to around 2,780 before reversing the trend. A move below 2,550 would increase the odds that the trend already reversed. FOLLOW SKYLINEPRO TO GET UPDATES.
SP500 - wave 3 down to levels below 2,200SP500 finished primary wave 2 counter trend rally. It is now tracing the initial stages of primary wave 3 down. The trend should gain momentum during the next week. The index should trend to levels below 2,200. If price crosses up 3233, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
DJI - wave 3 down began ! Trend to levels below 18,000DJI has recently finished primary wave 2 as a counter trend-rally. It is now tracing the initial stages of parimary wave 3 down, which should lead the index to levels below 18,000. The downtrend should gain momentum during the next week. If price crosses up 27,600, this analysis should be revised. FOLLOW SKYLINEPRO TO GET UPDATES.