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$TNX (8.24.2013)
Read MoreWave (( iv )) is unfolding as a FLAT and idea is valid as price stays above 2.72 – 2.75 region. Expect more strength toward 3.00% to complete the diagonal structure before we get another pull back in 3 waves. If you would like to receive accurate & timely forecasts for 25 instruments that […]
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$TNX (10Y yields) 8.22.2013
Read MoreBreak 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 wave ( 4 ) pull back which we don’t like selling into. To see the mid-term view in 10 Yr note yields and other 24 […]
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$GC_F (Gold) 8.21.2013
Read MoreMetal has completed a cycle from 1270 and is showing a 3 wave decline from 1385. Therefore, as 1377 & more importantly 1385 holds, we expect another push lower in 3 waves toward 1328 to complete wave (( b )) before metal turns higher again. We don’t like selling the metal into proposed swing lower […]
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$XAU/USD (Gold) 8.20.2013
Read MoreMetal 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 to complete wave (( b )) before metal turns higher again. We don’t like selling the metal into proposed swing lower as the initial decline […]