Dec crude oil…

Dec crude is continuing to slide and the 85.00 -87 price target is looking very attainable at this point to finish the ewave of the triangle. Watching

Sugar invalidation of wave 1 ???

Sugar is approaching an invalidation point for the wave 2 at 1470 . I have covered my position as of the 1st of this week tues and will be waiting for this to play out as the rally this morning has failed miserably. On a side note wave 2's are allowed to completely retrace wave 1 but cannot go under the beginning of wave 1 which in this case is 14.70 on the front month oct contract…

Back from vacation!!!!

After a brief vacation last week I'm back and it looks like there are some things setting up… if you would like any particular market updated counts please feel free to write!

 

Euro …

The euro after sliding last week has formed what appears to be possibly the bottom that I have been waiting for and spoke of about a week ago in one of my posts.  I will be watching for a gap higher this evening as I am still holding long from 132 and again from 13130 today.  Trgts come in at 13350-13450.