Euro is in wave c of a 3-wave up from 1.20 registered last June. The c wave will be a 5 up with only waves (i) and (ii) complete. The (iii) wave is in progress.
Sunday, April 10, 2011
4/10 Weekly Addendum
My point on crude would not be complete without mention of a fairly reliable seasonal that peaks end of April and bottoms end of June. This just means the rally in crude won't be a straight shot, but will be slowed down during that stretch.
Stock futures are up overnight, reflecting the budget agreement.
Euro is in wave c of a 3-wave up from 1.20 registered last June. The c wave will be a 5 up with only waves (i) and (ii) complete. The (iii) wave is in progress.
Euro is in wave c of a 3-wave up from 1.20 registered last June. The c wave will be a 5 up with only waves (i) and (ii) complete. The (iii) wave is in progress.
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Steve
ReplyDeleteOnce again, thank you for your insights. They are very helpful and appreciated. You are very good at presenting a complex situation in a clear understandable manner.
DennisP