JPY is broken out from the triangle below the key S/R level ...
EUR is reversing at the lower channel ... but so far the rally looks like a bear flag ... doesn't it?
If you are bullish in a bit longer term, you should be thankful that we might have another dip-buying opportunity coming up ... Let's keep our fingers crossed ...
Short Nikki position open when SPX 1320 now under water, HK also under water, I will switch to long SPX or DAX if HK or Nikki doesn't down in the afternoon of Asia time
The good news is that the pull back stopped at 61.8%; the bad news is that this appears to be a 3 push up so far ...
More down legs seems to be likely after this ...
GC hit a previous S/R and is reversing, expecting another up leg ...
CL is consolidating below a S/R level, 83.8, 23.8%. Breaking above it would be bullish; staying below it would mean it wants to go down again ...