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Eliotwave

possibilities for the future of the market i think the low is in, ithink the big companies will only get bigger and emerge stronger as consumers flock to what they know to be quality, well known established brands. Anyway, i still feel this is the beginning of the next bull market, whether its 2-3 years or till election we should see some serious euphoria if my analysis holds true. time will tell, lets see! Follow my twitter for more updates! @jose_spy1 i offer sometimes hour by hour updates but def daily ones, opinion changes with the market, this is merely me thinking out loud.. if im wrong id be first to admit, lets see how this goes! Should add, im preparing for short term correction after this move i have laid out.. but think general market direction will be up. GOODNIGHT/MORNING/DAY
CME_MINI:ES1!Long
by JayEliott
2
GBPCHF 1D Sell Opportunity Engulfing Bearish : Indication : Bearish reversal Reliability : Medium DescriptionOccurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn't need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal's reliability: 1) The first candlestick has a very small real body and the second candlestick a very large real body. 2) The pattern appears after a protracted or very fast move. 3) Heavy volume on the second black candlestick. 4) The second candlestick engulfs more than one real body.
Short
by CostyTrades
GOLD near probable final REVERSESo in spite of the fact that FED begin quantitative easing and rates are close to ZERO, GOLD has not significant increase, that point out to near final reverse and end of wave B. In addition number of BULLS in this market is enormous in comparison with BEARS, that is one of considerable features of the end of wave B. The third factor is that wave 5 in wave B is presumably triangle or wedge, that is much more possible at the end of the pattern.
TVC:GOLDShort
by BandBInvestment