About this blog:

CURRENT MARKET TREND: Up 5/27/16 @ 2090
Stop-loss 2026

Thursday, July 24, 2014

USD/NOK Holding Long Position

Daily Chart:

2 Hour Chart - Wave 4 Triangle Probably complete at wave 4=2 and 4=.236*3

Tuesday, July 15, 2014

Swing Trend Indicator on SELL

The Swing Trend Indicator, as of this posting, is on full sell for the first time since the full buy signal on April 21st. This is an END OF DAY Indicator, so means nothing to me at this point.

Monday, July 14, 2014

Swing Trend Indicator

No full sell as of yet, it was close on Friday's close, but no signal. When the bottom set moves below the green line a correction should be at hand.

Thursday, July 10, 2014

Chart for kkandru

My analysis points to this market path. I can't post charts in the comment section.

Swing Trend Indicator

is on tentative sell as of yesterdays close.

I still believe we are targeting a touch of the 1987 projection line. We'll probably hit it around 2400 or so next fall.