CajunXChange

CajunXChange

Gartley complete but not tight to test 61.50 ONE MEAUX TIME!

CajunXChange

Lil short term long ab=cd setup

CajunXChange

measurements on chart

CajunXChange

You get the idea. Targets are highlighted. Sloppy shark pattern could develop first though thats not drawn

CajunXChange

Shark outta the gates. Gap fake out?

CajunXChange

5-0 pattern may complete first at 85 before the next leg up in supercycle for shark pattern. Lots of ifs, ands, and butts, BUT the patterns do exist. Giving that there are fundamental holes in the US economy, the only way for bull trend to continue is for the FED to shock the world and pop the global asset bubble

CajunXChange

Shark pattern violated but abcd to 1.06885 could hold off next leg lower

CajunXChange

looks like a bull shark. plenty of hickups to play intraday shorts and try to make some money still euro bear though

CajunXChange

1.11 is line in sand. If taken out, look to retest crucial support at 1.065

CajunXChange

Bears will be punished

CajunXChange

Notes on Chart

CajunXChange

pullback or continue the run. Japanese corporates are nervous about further yen weakness but....

CajunXChange

looks like a bearish butterfly forming up to test 61.8 fib at 101 from 2002high-2008low.

CajunXChange

deep bearish crab forming to test 38.2% of the pitchfork? Bears stay in control with price <$60

CajunXChange

false breakout?

CajunXChange

The S&P has completed a bearish ab=cd from 1987 low. The pattern completes ~2100 when using b point, which points to the close from the 09 low. Given that the candle wick measures ~100 points lower than b, I drew a fib from high to low using the wicks and the 1.618 comes in at 2127. If the index does manage to break above this number, look for 2500 as the next hurdle.

CajunXChange

If the ab=cd doesn't provide support at the 1.41 and 1.618, then I expect the pair to drop to 93 before rebounding. Long shot but pattern is there

CajunXChange

Will consolidate between 62 and 56 until DXY retraces to 92.5, then rips towards 105