


CajunXChange
The pair has nearly given up half its juice. Is the PBOC firing blanks?
FLASH CRASH DEEP CRABS WITH THE DANDRUFF ON THE H&S ABOUT TO BREAK OUT
If we take a look at PA from 2001-2011, one realizes the move the shiny metal has made during the decade. simple fib and abcd pattern from 2011 high to .382 retrace of the prior impulse move. Price just nailed the 1.41 extension of AB with resistance at 1.27ext (1111), 1.13ext at (1151), .382 retrace just mentioned above. 1012 S1 924 S2 840 S3 risk/reward...
1.10130 bearish 5-0 pattern still in play? I believe there will be one more leg lower before market has to choose sides.
again the text is courtesy of Mr. Alex Bernal (CMT)
COMPRESSION. Next move should be substantial. long >1.10 short<1.06
Better depiction of the thought I had in mind My guess is gap to the upside. See Goldman and Greece
another trend poised to change direction. This week is huge as far as fundamentals are concerned. If US performs better than expected, then Id all but guarantee rates will by October. Follow through depends on this notion....hence data dependent!
shark was completed at the high of last year (d). the low put in on 4/15 coincides with a wolf wave from a 3 drivers pattern at the end of 2009. bullish >136.8 even though it looks like momo is losing steam. short if the wolf breaks down to 121
BUTTERFLY in play though bc projection is sloppy. 12300-12000 topside range before next move shakes