Index has completed a 5 wave move @ 6709 peak and is currently in wave ( B ). Wave A of ( B ) has completed @ 6507 and wave B of ( B ) is under way which can reach as high as 6661 (76.4 fib) from where we expect the Index to trade […]

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 entire decline from 0.8770 high. Break of 0.8610 is needed to confirm wave (( w )) low is in place. If you would like to […]

Metal is showing 5 swings up from 19.13 low which makes 20.06 the connector wave ( b ). Expect another push higher toward 21.55 (1.236 ext) to complete wave (( a )) before metal pulls back in wave (( b )) and trades higher again.

Wave B high is in place & wave C has started impulsive thus we remain bearish in the short-term & expect more weakness toward 2.35 % to complete wave C of ( W ) / (( B )) before another recovery.