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Wednesday, July 8, 2009

Morning Update Wednesday



While I believe most of last nights count is correct I did not take into account that wave B had not fulfilled a minimum retrace. This chart shows a 38.2% retrace.

I may be jumping the gun, but I think we can establish a new channel for wave B and retire the channel for wave A.

I'm still going with 846 as the target.


The Euro had some exciting moments last night, but by morning when the NYSE opened we were basically back where we were when the market closed yesterday.



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

1 comment:

  1. I'm glad I was wrong. Back to plan A. Lets see what develops.

    ReplyDelete

Today's Feature

PALESTINE ON THE WORLD'S ANCIENT MAPS

The Palestine which "never existed" appeared on ancient maps, in atlases, encyclopedias and bibles worldwide.

Posted by The International Palestine Network - Gaza on Sunday, February 21, 2016