raulmarcusbruno

raulmarcusbruno

Big UK constructor.. I think the last swing high is in 3 rather than a 5 as labelled but we have 5 waves down from highs in A and trendline a logical place to reshort. You can see it held prior 4 ...unlike a lot of stocks it could not take out pre Covid highs in spite of speculative buying frenzy post Covid

raulmarcusbruno

Watch for break of wave 4 of 3 pivot ...diamond pattern in $GBPUSD can be reversal pattern also rather than continuation

raulmarcusbruno

Possible diamond continuation pattern on $GBPUSD with target ..you have to be careful with this pair ..

raulmarcusbruno

Breaking 110.57 would put it on accelerated path, pullbacks have been shallow

raulmarcusbruno

Underperforming major cycle looks complete, underperforming SPX similar to 86-92 period , trendline support and prior 4 key ..

raulmarcusbruno

Expecting something like this on $DXY ..errating swings with lower target at least

raulmarcusbruno

Not much may happen further today ..resistance and support zones ..

raulmarcusbruno

3 wave moves up not generally bullish and look at lack of momentum in second ABC up ..strong GBPJPY correlates with stock market strength . I will be watching to see how this closes at end of week

raulmarcusbruno

Pause here is due .....fibs being well respected with 3 being 1.618 wave 1 ..in subwaves of larger 3 ...

raulmarcusbruno

GBP versus Guyanese dollar a record low and a decline of 23% in a year .. Which is the emerging economy ?

raulmarcusbruno Updated 

10 yr yields proving stubborn despite latest CPI number should have been bearish for yields ...watching closely ..something does not add up.

raulmarcusbruno

Good reaction from 50 % back ...bullish short term ....after favourable CPI

raulmarcusbruno

Correction in likely overall corrective move to upside as double combo with an irregular flat for x wave ..which looks very bullish

raulmarcusbruno Updated 

Possible Gold path ..after an initial push up in A a further push up to 1776 in C which is 0.618 of prior wave 3 to complete IV the V new low ..I do not think lows are in.. 1446 would be ideal longer term bottom ..that is a long way away...need to see the nature of new lows first

raulmarcusbruno

Have to revise my immediately bearish view on airbnb with leading diagonal count ..so a PB and more up ,, big trend line resistance 146 ...not shown on this image

raulmarcusbruno

Following plan target shown short term bearish yield ..

raulmarcusbruno

Ideal path ..PB to prior resistance now important support ..in a IV ..

raulmarcusbruno

Following expected path in a corrective decline . Temporary inflation peak ..USD pullback