On an internal basis, the Buck has made it nicely into a potential wave iv high. The Alternate count is there in Purple, but with CPI coming up later this week, we do have some catalysts at hand that would fit nicely with the final wave v leg lower to complete the Wider wave-C and the higher degree wave-2. Obviously, the larger point is we are nearing the time a...
The Yen strength coupled with the Dollar consolidation has finally played out into the larger wave-C of 2 and the first target. December-March likely provides the primary turn back up, and as such will provide the backdrop to whether price can reach the extension target or not over the next couple of months. Overall, the USDJPY is targeting the 300-400 range by...
The market continues to step out the final leg of this interim B-wave up that's interceding for now before the true decline of note as we head into 2025+. US Bonds, despite the analysis and weakness projected, remain a more viable unit than does Japan and Europe as we move forward.
This wave 2 has been in action since late 2022 and will be nice to see its final completion. A little level to deal with in the coming week or so in order to open up the end game of C of 2. The Wave 3 up will be the move of wonder through 2025-2028.