Follow the Fork!
I want all you Bears to sleep well tonight.
It's looking like 1120 may be our next target. First chart is worst case. Second is what I'm expecting.
Thanks to Cooper C. we now have the correct /ESH0 chart up.
The Euro continues to build pressure.
I've drawn this downward fork with the center line in mind.
I appears that the Euro is about to make a volatile move. The signals are somewhat mixed but the Pitchfork and the Kumo indicate to me that it will most likely be down.
First chart is the /ES. Price continues to be fickle. Which fork will it choose?
Second Chart is the SPX. A new fork has been established.
In each chart the Kumo has held the advance.
The range remains
Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.