Daud Bhatti

By Daud Bhatti    August 24, 2013    - 1 min read

$TNX (8.24.2013)

Wave (( iv )) is unfolding as a FLAT and idea is valid as price stays above 2.72 – 2.75 region. Expect more strength toward 3.00% to complete the diagonal…

By Daud Bhatti    August 22, 2013    - 1 min read

$TNX (10Y yields) 8.22.2013

Break to new highs suggests wave (( iv )) is over and focus is now on 2.97 – 3.00% area to complete wave ( 3 ) before we get a…

By Daud Bhatti    August 21, 2013    - 1 min read

$GC_F (Gold) 8.21.2013

Metal has completed a cycle from 1270 and is showing a 3 wave decline from 1385. Therefore, as 1377 & more importantly 1385 holds, we expect another push lower in…

By Daud Bhatti    August 20, 2013    - 1 min read

$XAU/USD (Gold) 8.20.2013

Metal has completed a cycle from 1270 and is showing a 3 wave decline from 1385. Therefore, as 1385 holds, we expect another push lower in 3 waves toward 1328…

By Daud Bhatti    August 19, 2013    - 1 min read

$EURGBP (8.19.2013)

Pair has completed a cycle from 0.8731 & 0.8770 highs so expect a recovery in series of 3 waves toward 0.8635 - 0.8667 where pair can find sellers and attempt…

By Daud Bhatti    August 16, 2013    - 1 min read

$CL_F (Oil) 8.16.2013

Oil has bounced strongly after finding support @ equal legs (102.18) and shorter cycles are calling for further strength ahead as long as price is above 105.54 low. Short-term price…

By Daud Bhatti    August 15, 2013    - 1 min read

$TNX (10Y yields) 8.15.2013

Yields have broken higher as we expected but didn't make a sizeable pull back first. Focus is on 2.89 – 2.908 % to complete wave (( iii )) before we…

By Daud Bhatti    August 14, 2013    - 2 min read

$FTSE (8.14.2013)

Index has completed a 5 wave move @ 6709 peak and is currently in wave ( B ). Wave A of ( B ) has completed @ 6507 and wave…

By Daud Bhatti    August 13, 2013    - 1 min read

$EURGBP 8.13.2013

Following a triangle consolidation, pair is expected to break lower toward 0.8541 and perhaps a little lower to complete wave (( w )) before pairs turns higher to correct the…