Wednesday, August 26, 2015

4th wave triangles in the indices

nasdaq as well as all the other indexes are setting up what appears to be a 4th wave triangle. if this is the case we have another leg lower

Tuesday, August 25, 2015

soybeans continue their slide..



daily nov bean chart looks as if we are currently in a w3 lower and this target comes in at 803 on the downside.

Monday, August 24, 2015

euro dollar 2017 2016 interest rate futures reversal to higher rates soon?

The EDZ16 and EDz17  have presented the sell signal this morning on the dow meltdown. Currently short this market as of today on the throwover of the ending diagonal on the edz2016 at 9892 risking $ 250 per contract to possibly take a shot at 2500 per contract. Great risk reward trade here in my opinion.