Elliott Wave Theory. November will be a very important month for U.S. indexes. Theoretically, the SPX has levels of 1492, 1594 within the next move. But ... maybe that's enough?? www.thepatternsite.com
Formally speaking, we have bearish ribbon, but ...we have elections in the USA...
In my opinion, the last chance for bulls is a triangle... or Mariano Rajoy... ;)
In my opinion, in the long term, EURUSD is going to level 1.75.
Perfect chart of Elliott Wave theory. We have another impulse and waiting for the correction.
Special thanks to "nmike"!!!!!!!!!!!!!!!!!!!! ;)
I don't like Mondays. In real earnest. The situation is clear, The Senkou span as support / ca. 1.3013/. Back to the triangle is a serious problem for the bulls. www.youtube.com
Watch points d and e. The Kumo as support zone. www.thepatternsite.com
In my opinion the Gravestone Doji idea is still in the game, but on Monday SPX must be strong green. If not....Adam & Adam Double Top is coming. www.thepatternsite.com
The next day will be very important. Possible formation of the Gravestone Doji. "The first day is a red day confirming a bearish trend, closing at the lower trading range near the days low. The second day is gravestone doji day, one that has the identical opening and closing price, but the upper wick should be well into the previous days body." www.fxwords.com
Facebook has 1 billion chairs......is it enough???? www.youtube.com
VIX .... we are at a pivotal point....