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$NI225 (Nikkei) 10.21.2013
Read MoreAnother push higher to 14843 could be seen to complete Ending Diagonal wave (( v )) and A. After that Index should pull back in 3 waves toward 14250 – 14300 area and resume the rally. We don’t like selling the Index and strategy remains to buy the dips in 3, 7 and 11 swings […]
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$EURAUD (10.18.2013)
Read MoreWave ( b ) is taking the form of a triangle and appears to have completed @ 1.4225. Expect a test of 1.4048 to complete a cycle from 1.4560 and a corrective bounce in the pair. Hourly cycles are negative so we don’t like buying the pair even after wave A has completed unless […]
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$Nikkei futures (10.17.2013)
Read MoreWave (( a )) has completed so expect a corrective pullback toward 14200 – 14250 area from where the Index should turn higher again. We don’t like selling the Index into the pullback and strategy remains to buy the dips in 3, 7 and 11 swings.