a higher box s 15 min datai just to show where we are alot of price action is compacted 10 december high to 20 dec supp we are now at trend supp with horizontal supp below note the move upwards just to test prev supp..that became res/light purple horizontal in 1216 /1218 area so..next moves a test of supp or break to test prev horizontal res..then above trend res at 1232 area there will be other moves that test prev horizontal s/r
eurusd daily 40 pips by 3 reversal hilo plot shows horizontal res trend res at 3760/red trend supp at 3560 area/green things start to get nasty at break of 3520 area..a double bottom in orange horizontal area now if we go to same box size but 1 reversal and close plot we can see the horizontal supp at 1.3600 trend and prev breakout point at 1.3520 area also 1.3560 is beginning of trend supp 1.3800 horizontal res shows nicely
cable/gbpusd just before retail sales news price had been pushed down to horizontal and trend supp 1.6458 res/red price shot up to this level when news announced there is na possible vertical count that might get activated at a test of 1.6300 area
aussie dollar gettin hammered well....more hammering or a test of res so..first port of call... TEST OF PREV SUPPin 8850 area/purple horizontal line/a prev breakout point audusd 60 min shows the downtrend since october 2013 35 pips by 2 reversal..close plot lets see what happens
outlook for next week 5 min data$2.5 box size by 3 reversal close plot trend cluster/green in 1235 area..trend supp underneath there is horizontal supp going down to 1220 there is horizontal res/red at 1265 area and 1295 AREAS there ia a double-top at 1255 area lets see what happens...lots of horizontal supp areas down to 1180
gbpjpy 60 min data showing the latest uptrend testing trend res now lots of horizontal supp and res on lower box sizes we are looking at the bigger picture to see if there is weakness in gbp we dont make forecasts ..just track the price
spx futures 60 min either ..we break higher..or there is a real sweet spot underneath/prev breakout point 1813 area trend supp and horizontal aswell
spx futures same box size...but changed the reversal to 2 from 1 hourly close we mentioned the sweet spot..we are now in that area.need to below trend supp at 1799 area if 1813 area fails