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pennies2007

02/16/16 8:32 PM

#136124 RE: Heavyweight #136123

The market was ready to sell based on the TDI wave count and once again, it foretold the news that is being used to drive it.

They didn't like the drop on that number...

pennies2007

02/16/16 8:35 PM

#136125 RE: Heavyweight #136123

Here's the UJ Hourly Chart, Heavy. Every pip drop on UJ is about a 2 to 3 pip drop on GJ. And it's headed down another 100 pips in this Wave 5 movement. That's 200 to 300 pips down on GJ coming up.



pennies2007

02/16/16 8:43 PM

#136126 RE: Heavyweight #136123

On top of UJ, Heavy, we also have GU in a very small consolidation after a big bearish drop. It'll drop further as well, increasing the downside thrust.

4 Hour Chart...