Is The EURO Running Out of Steam?

My EURO Futures POSITION Chart above...Is the EURO Futures finally setting itself up for a Top? With the PRIME PPF (Lower High), the expectation now is for PRICE to take out last PRIME Support at $1.5255, thus creating Leg 1 of Back Door Bull Break. Who knows, perhaps the "Demise of the Dollar" should be renamed, the "Rise of the Dollar" instead?Stay tuned, folks....

Will We See a Full 3 Legged Bull Break On Both The ES & YM POSITION Charts?

My YM POSITION Chart above... My ES POSITION Chart above...It is interesting to note that PRICE is already in PRIME, for both the YM & ES POSITION Charts. Though not an indication that PRICE is ready to rally back up, it does however, give one the "perception" that we may not get the Full 3 Legged Bull Break afterall. A challenge & breach of last PRIME Resistance would throw a spanner in the

ES SWING Chart: End of Leg 1 of Bull Break

My ES TREND Chart above... My ES SWING Chart above...PRICE gave us a confirmed bottom last night with a PRIME HL on the TREND Chart, thus ending Leg 1 of Bull Break, on the SWING Chart. And with the SWING Chart still pointing up, we shall now see how far Leg 2 of Bull Break will bring PRICE to, before coming to an end.

ES SWING Chart: Leg 1 of Bull Break Has Just Occurred

My ES SWING Chart above...Leg 1 of Bull Break has just occurred, ie. a PRIME Lower Low. PRICE is still heading down, until it fails, and that is where the new PRIME Support will be established.

E-Mini Crude (QM) Continues to Defy Gravity

My QM SWING Chart above...As of 11:53pm, Singapore Time, PRICE keeps heading higher and higher...and with no failure in sight, as yet.

ES TREND Chart: 3 Leg Bull Break, But...

My ES TREND Chart above... My ES SWING Chart above...Looking at my TREND Chart above, PRICE has completed a 3 Leg Bull Break. But looking at the SWING Chart, PRICE is merely heading down to challenge last PRIME Support, to establish a possible PRIME Higher Low, for the Bull TREND to continue...Will be looking for signs of that base to be established, on the TREND Chart. Watch for it...

EURO Futures SWING Chart: Leg 1 of Bear Break (as warned in my last post)

My EURO Futures SWING Chart above...I do apologise for "missing in action" for the last 10 days or so...have been really caught up with my day job.In any case, with reference to my last post, I had stated specifically to look out for a possible reversal in the Bear Break shown on the EURO Futures, as clearly on the POSITION Chart, PRICE was still very much on a Bull TREND, and it was just

EURO Futures SWING Chart: 3 Leg Bull Break Has Just Occurred.

My EURO Futures SWING Chart above...PRICE just made a PRIME Lower Low (last Fri's Low was $1.5329 and PRICE is currently at $1.5311), effectively creating 3 Legs of the Bull Break, changing it into a BEAR TREND.However, on a POSITION Chart basis, the EURO is still on an uptrend and the current down move is merely for PRICE to head back down to challenge last PRIME Support, created in Dec 2008.

E-Mini-Crude (QM) Makes New High

My QM SWING Chart above...I was wrong last week, when I mentioned that a possible interim top could be in place for the QM. The challenge of Support was swift and PRICE quickly went back up to challenge Resistance, and created a PRIME New High at $120.325 in last night's trading.Truth be told, this Bull looks set to test new boundaries, now that the POSITION Chart is beginning to turn up as well.