ALIBABA has progressed in impulsive 5 wave fashion and is retracing on a 3 wave decline with wave (c) as a potential ending diagonal.
* Wave c of B ending diagonal
* RSI divergence (typical for ending diagonals)
* Retracement close to 0.618 (typical for wave 2 / B)
* Price has potential to move upwards in the coming sessions north of 94
EUR/JPY is holding the channel well and is looking to break out of a triangle consolidation in a possible C move of a ZigZag. The equal legs measure at appx 144 so there is some good upside potential if the channel continues to hold
AAPL weekly has a clean elliott wave channel with a wave 3 extension and and triangle 4 which should break higher in the next two months. Expected to reach around 150 if wave 1 should be appx equal to wave 5
