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Monday, July 13, 2009

Morning Update Monday

At 12:40 EST:
Teken-sen has crossed above Kijun-sen, but the M60 Kumo is at 900.
The Euro remains at the top of the Andrews Pitchfork
Stochastics are over bought.

The Euro did what I said it would do.

We have arrive at my target.

I believe this may be the end of wave ii.

If the Euro breaks 1.3875 I believe we will see confirmation in the SPX

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

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