Eur/Usd , 4hr-chart , 9.aug : The currency pair hit both of targets specified at 7.aug post (ref. to 7.aug chart) . next target : 1.3480 ; A pull-back from 1.3395 target is in sight.
DJI , 4-hr chart , 9.aug : As stated at 7.aug post , 1st target of DJI was 15513.90 . I mentioned earlier that a target works as a support / resistance level. when it breaks below / above that level ,the next target triggered. It happened exactly for DJI . At 4-hr chart (attached), you see the 15513.90 acted as a resistance. Based on the chart (9.aug.) , next target is 15223.71 .
my charts come from Millenium platform .Get it here : http://www.mpf.co/downloads/desktop-platforms/millennium-trader-4-client
Intel corp. , 4 -hr chart , 9 aug : Intel is trading at its target ( and important level) 22.42 . If broken DN, next target is 22.04 .
S&P 500 , 4-hr chart , 9.aug ; The 1st target specified on Aug 7 post was 1687.49 . Price hit that target and respected it as a support. (see the attached chart) Trend is down and next target , as mentioned earlier, is 1669.07 .
Gold is struggling its 1st target at 1311.04 . While KFI is heading down (If price doesn't open with a gap on Monday), i expect price goes down. Target (red line) : 1298.90 ;
IBM , 4hr chart , 12.Aug : 1st target : 186.75 ;(Important level) 2nd : 185.50 ; 3rd: 181.53 ; (Important level)
Goldman sachs Group (GS), 4hr chart , 12.Aug : Down move expected to continue; Targets: 1st : 160.08 ; 2nd: 156.31 ;
As stated, Gold opened with a gap & higher at Asia session and,therefore, the downtrend is not valid. next target : 1345.71 ;