Blog Archive

Tuesday, May 12, 2009

Morning Update


Good Morning everyone!

Looks like we have completed wave 4 of wave c with a perfect Elliott Wave triangle. Wave 5 is underway and should bounce off the Pivot Point at about 900 and then head up for the dead bull march. That will complete wave A which began in March.

The M60 Ichimoku chart below shows good resistance right here where we need it.




Analysis presented on this blog has only informational and educational purpose and does not represent a proposal for buying or selling currency contracts.

2 comments:

  1. hello
    nice to meet you!
    I'm chinese.
    Can I make friends with you?

    ReplyDelete
  2. Nice to meet you. Yes I'd like to be friends.

    I visited you site but I don't read Chinese.

    What trading methods do you use?

    Bob

    ReplyDelete

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