Still hoping for a bounce in order to add shorts, but 1106 appears more likely.
I trust the black fork and expect a bounce back to 1120. But I'll admit I'm holding my shorts.
1094 is a critical level.
I've adjusted the Red fork on the EUR/USD, but as you can see it's not a concern at the moment. The Magenta fork continues to hold.
We bounced abruptly off the 1.4086 level which I indicated yesterday had very strong support. That support remains. We have resistance above at 1.4173 from the M60 Kumo but it's not especially strong. There is a good possibility that Price may work it's way up to about 1.4221 before making another attempt to break 1.4086
DDF is Bearish and as you can see the expected trading range is 1104.89 - 1115.5.
The shaded areas are the Persons Pivots.
MoneySpy, PPS, and Woodies CCI all remain in a Bearish trend on both the Daily and the Hourly charts.
The next three charts are SPX
The Cyan fork does not look right to me. I've drawn a forecast fork (black) that balances better on the center line.
We should bounce off the bottom of this fork
Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.