The market did exactly as I expected today. I'm looking forward to Monday but there may be a period of consolidation next week if we are still in wave 1. So far it appears that we still need a fifth wave. If so the wave 2 will keep us in this range.
On the other hand we may be ready to start wave three on Monday if today was wave 2.
The Daily MoneySpy chart issued a SELL!
I think it would be best to let the Pitchfork, and the Ichimoku confirm the move along with a sell signal from MoneySpy Hourly.
Thanks to Kenny's Girlfriend I found this very helpful Pivot Point site today. Check it out!
Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.