NIKKEI IS HIGHER, many DOLLAR PAIRS look like they have completed their CORRECTIONS. ... Therefore DOLLAR MID-TERM Flat to LOWER. ... BULLISH SPX500 track SLIGHTLY MORE likely than BEARISH LOWER tracks THEREFORE I am preparing to CAREFULLY BUY THE DIP, (with reduced allocations of 50% ) if The OPPORTUNITY arises.
IMO SILVER EW count may be CHANGING, to the 3rd wave of WAVE-3 ... WILL START BUYING DIPS up to 50% PLANNED ALLOCATION size ... WILL BUY the last 50% after the LOWER EW count is INVALIDATED ... UPWARD POTENTIAL is HIGH, SO playing it SAFE.
TEMPORARY DOLLAR WEAKNESS resulting in XAGUSD RISING slightly higher.
DOLLAR weakness: SHORT-TERM temporarily RAISING ... EURUSD, GOLD & SILVER
DOLLAR weakness LIFTING EURUSD
WAVE-5 of the 5th-WAVE .... Be CAREFUL of the possible RAMIFICATIONS for NEXT weeks TRADING
FTSE: REACHES FINAL WAVE-C of DOUBLE CORRECTION ( As oF MARCH FTSE has been in CORRECTION ): THEREFORE EVERY MAJOR INDICES is ALIGNING toward the Downside
HONESTLY there are THREE(3) POSSIBILITIES .... DON'T LET The simplicity of THE CHART FOOL YOU .... THESE TRACKS are actually VERY Carefully DRAWN .... I GIVE EACH A 33% CHANCE .... SOoooo right NOW i'm IN ALL CASH. GIVE me a LIKE
CURRENT Wave Character not TYPICAL for a BULLISH WAVE-1 STARTING FRIDAY or MONDAY; (35%) CYAN or (35%) PURPLE WAVE Track is possible. I TOOK 8% PROFITS TODAY .... NOW all in CASH. WILL BE on the SIDELINES watching SILVER, until THE MARKET reveals ITSELF. ...TRADE ACCORDINGLY
EURUSD staying on TRACK First DOWN then UP to NEW HIGHS
US-DOLLAR staying ON TRACK FIRST UP then a BIG down to new LOWS
SILVER UPDATE.... on TRACK.... LONG around 20-ish.
I believe it GOES something like THIS: IT may not be the MARKET we want... BUT its the MARKET we GOT. ( I PLAN to TRADE accordingly...until I DON'T ;-)
WATCH price ACTION carefully ... ALT: RED-TRACK...25% Chance DIP down before going UP
Perhaps BOUGHT in a BIT too early, BUT still LIKE the TRADE.
LOWER RED-PATH is STILL POSSIBLE, THEREFORE WAITING... NOT Buying...HOLD
JUST about There .... but WAITING for INVALIDATION RED PATH needs to be invalidated