The pair has hit our target of 67.94 (1.236 ext) from our previous blog published on 7.22.2013. Now that the target has been hit, it’s time to take another look at the pair. We expected the pair to hit 67.94 target in wave ( c ) of a 7 swing structure from 2011 lows but speed , […]

Wave B has completed with a test of 0.8650 so as this level holds, we like the idea of more downside in the pair. We don’t like buying into proposed wave ( b ) pull back. If you would like to receive accurate & timely forecasts for 25 instruments that we cover, why not Sign […]

Wave B has completed at @ 22.43 and metal is completing a 5 wave move from this level. A test of 25.03 could be seen before we get a corrective (( b )) wave pull back and higher again. We don’t like selling the metal into proposed wave (( b )) pull back as 1 […]

Wave ( b ) appears to be taking the form of a triangle so while below 1.4884 and more importantly 1.4931, expect more downside initially toward 1.4626 – 1.4684 initially. As wave (a ) was a 3 wave move so we don’t like selling the pair into the proposed swing lower. If you would like […]