Es is very far away monthly demand zone (1959.25-1794.75) but inside of a weekly supply zone (2105.25-2079.75). However it just created a daily original demand zone at 2091.75-2073.50. In these conditons, we are inside of a weekly zone where previously sellers had their strenght but the daily original demand zone may give us a difficulty going downard. We can...
Dow Jones ends the year with slight bearish note. We will be having first NFP of 2015 next week. So, I expect a pretty volatile week. I am Bearish on the index with 17880 as upper resistance, and we will have resistance again at 17040 level Resistant: 17880, 18050, 18270 Support: 17040, 16353, 15807
USA Bubble: Real GDP - S&P Future (excluding the dollar revaluation) = -112% USA NO Bubble: Real GDP - Treasury 30y (excluding the dollar revaluation) = +2.4% data up to 10/2014 THE TREASURY 30Y SEEMS TO REFLECT THE PERFORMANCE OF REAL USA ECONOMY , THE REDUCTION OF YIELD IS IN LINE WITH THE RISE OF REAL GDP AND THE STRENGTHENING DOLLAR
1. Bullish Wolfe Wave pattern breakout 2. Broke and closed above Weekly Swing high 3. Price Action indicating that it will test the Fresh Supply at handle 96.56-96.89 4. This is a continuation of the trend We should see $ strength in March so I will be using this analysis to my advantage on $ pairs like GBPUSD, USDCAD, USDJPY, and AUDUSD. I am not very certain...