A very, very, very, very... rare event on the 100-point scale on the Dow has happened - not one, not two, but six, yes... SIX scalar points have been created. This means that a very high probability of short-term correction is at hand... AGAIN! Shorts would be looking at the 17K target to a second target of 16,600. Coincidentally, 16,6 is also the 61.8 fibo short-term retracement level for the Dow - coincidence or fate? SEE CHART HERE.
Tuesday, December 2, 2014
Wednesday, October 15, 2014
Equity Indices... Buy The Dip??.. sure, if you like tacos. At this time, bears should be up on their shorts and waiting for profit triggers. Unless of course if you're a long-term bull.
Friday, September 19, 2014
The Yen strengthened against the Dollar again reaching as far back as 08 recession levels. Its 2nd scalar top is pegged at equilibrium 100. This retracement target, according to its history, has more than 50% probability. SEE CHAT HERE.
Monday, August 11, 2014
AUD/NZD at 1.10, a key long-term psychological level is again being tested. The formation of the 2nd 500-pip scale bottom last year seems to haunt global traders as direction is nowhere to be found. One thing is certain, as history tells us - that a par-level on this pair has a very high probability of an instant retracement back to 1.05. SEE CHART HERE.
Wednesday, July 23, 2014
Tuesday, June 17, 2014
Yes, there is definitely no other way to describe it. GBP/USD is on a tug-of-war between two worlds - the bulls and the bears. As it is probable that it is on its way to retest the 8000 level, it may also be on the pull-back to the 6000 mark - a strong psychological level which was, in two-and-a-half years, an unbroken territory. This is an exact moment to stop and smell the roses - wait and not rush, because, as they say in the movies, "fools rush in". SEE CHART HERE.
Thursday, June 12, 2014
Tops and Bottoms in the financial market is so radically random and unpredictable that anyone can just draw a horizontal line anywhere in the chart and it will automatically be a top or a bottom at any point in time. By using this knowledge, we made more than 2% per month last year. But don't take my word for it, check it out yourself by drawing a few horizontal lines on a blank piece of paper and superimpose it in any financial chart - stocks, bonds, forex, commodities, etc. - FXA USA... It's All About Numbers!