I have taken a long because I think all week we have been waiting for the upside to continue. My first target is 1.12600 Lets see if we get there.
Currently looking to enter short on the S&P. We have been going sideway for most of the week so can we finally break down?
EUR/USD is currently testing the 1hr bottom channel line. Could we see a bounce here or are we going to test the monthly channel line before a push back up? FX:EURUSD
Looking to enter another short position on the S&P500. Waiting for the entry to hit. Looking for a move down to the monthly lower channel. FX:SPX500
We opened up this week lower on the S&P and we are currently sitting in a bearish 1hr channel. Could we see a test and break of the monthly lower channel? What do you think?
We have now broken the daily S&P lower channel. I now expect the market to start pushing lower. My current 2 targets on the monthly are 2076 and 1616
Will we see a S&P retrace? As you can see from the chart, The S&P is now testing the lower trend channel. Will we get a break back down?
As you can see from the chart. We are in a bearish channel on the monthly but bullish on the daily. We are close to testing the lower daily trend channel, I am expecting a break so currently looking for selling opportunities on the 15 min chart. Will keep you posted....