spencer03

spencer03

ABC Correction

spencer03

I assume that wave b will be finished soon. Without a new higher high, a falling c would result.

spencer03

AUD-USD has broken the diagonal trend line and is moving below it. 0.6656 should be reached by the end of next week.

spencer03

By the end of next week ... 71,658.

spencer03 Updated 

According to this monthly chart, wave II of major cycle 1-5 should end in June 2021 - at the latest. Then wave 3 would follow, with just over 16500 points. In this case, wave 3 should be at least the length of the blue A (16544 P). A closing price on a monthly basis above 9444 would speak for a somewhat longer red a of I, nevertheless we should again see the price...

spencer03 Updated 

In the very large picture, I see a large, higher-level ABC correction. I label the strong rise since the "ominous" low in April as a subordinate black wave a, which should end in a week or two, so short positioning would be an option.

spencer03 Updated 

If the ATH was the red b, then we could see the red c falling for at least a year ... all the way down to 6250.

spencer03

Potential short chance next week.

spencer03

The mirror image of EUR-USD. In August you could position yourself for a "long" short.

spencer03

Unless we see a rise above 1.3832 in the next few months, we could see prices below 1.30 in the medium term.

spencer03

ABC Correction!

spencer03

Buy the deeps!

spencer03 Updated 

NZD-USD did not disappoint me, but, up to now, has been in line with the chart for 15 days. See the chart below. Clean!

spencer03

Soon - good short opportunity.

spencer03 Updated 

I am looking to enter short if Dow Jones takes 25864.

spencer03 Updated 

After the pattern, I expect a few more days short.

spencer03 Updated 

This week, I see a buy set up, but as long as the price stays below 1.8810, we could possibly see somewhat lower prices for the next 2-3 days. I have the impression that waves 4 and 5 of the C are still missing. Therefore, I first pay attention to 1.8652 and then to 1.8810, whether it can be overcome directly.

spencer03 Updated 

I think next month there might be a chance for a longer short. I assume that the last high will be tested again and then get in.