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From Yesterday: “So as long as 9181 holds we should expect lower prices. However, I will not commit to the downside until I see prices printing at 9076” You can see why it’s important not to commit to a market …

No real change to my comments yesterday. The last push may be part of a diagonal, so if you are long continue trailing your stop tight and keep in mind that the upside is limited. Keep using the trend line …

It does not come as a surprise that Euro has not made any progress whatsoever. So we need to keep our focus on 2 levels: 1.1360 and 1.1185. Prices printing beyond these levels will determine the next direction.

The retracement so far looks like a three wave move. It already retraced 50% of the preceding decline, but we see no signs of a downturn yet. Perhaps it needs to move to the 62% before it is exhausted, so …

On the ES, I have changed my alternative red count to my preferred count. The move that is now labeled as wave (4) and previously as ((4)) seemed too small for a wave ((4)), so I feel that Wave ((3)) …

Not too much change to our view, the latest high has made me make the labeling as a bigger triangle for now, expecting still ((B)) to finish and then a move down to complete the correction for ((C)). Prices have …

I wanted to share with you a second update for the USDCAD. As the previous count is not invalidated (yet) the size of wave ((4)) in relation to wave ((2)) was out of proportion. We do not like to look …

Today I am moving to the 4H chart. I have labeled the move from (1) as a ABC in progress, working on C. So far, C has reached the 50% level that also falls together with the 4 of a …