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S&P 500
5,346.99
(
-0.11%
)
US TECH 100
18,488.00
(
-0.25%
)
Dow Jones
38,798.99
(
-0.22%
)
Brent Oil
79.40
(
0.00%
)
Bitcoin
69,402.07
(
0.10%
)
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pennies2007

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pennies2007

Re: Heavyweight post# 138662

Thursday, 03/24/2016 12:47:09 PM

Thursday, March 24, 2016 12:47:09 PM

Post# of 140146
No, I'm in about right here. The 4 hour candle has already formed a hammer on USD/DKK and the EU 4 hour chart has an inverted hammer at the bottom.

They'll move up on EU to make one more new high and one more new low on USD/DKK by tomorrow. And UJ is slated for another new low before it can rally.

That leg up on the TDI is a Wave 1 breakout move but it has to be countered with a Wave 2 back to form the final bottom on your chart.

But, I've been wrong before...LOL!
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