About AUDNZD… Is There Something I Should Know?
The audnzd forex pair is morphing into a +2 year base pattern after hitting it's target from the previous top +4 year formation. Here is the 10 year monthly candle chart. A…
A probable possible bottom for EURGBP.
In the midst of a +6 year HUGE descending channel, the eurgbp forex pair might be retracing to the previous breakdown point, IF this current pattern resolves with a monthly candle…
The bearish way for AUDJPY.
The audjpy forex pair has chosen the bearish ending. A break has happened below the 87.50 mark. Check this previous post from February 4 concerning this pair. Now enter the…
Ruble about to get a rumbling!
The usdrub forex pair is getting ready for a possible move. Here is the monthly candle chart. A top OR continuation pattern is in the works. I will take a…
Bringing the top down on Convertibles.
SPDR Barclays Capital Convertible Secs (CWB:ARCA) is breaking down via a runaway gap out of it's top formation. Check the monthly candle chart. A monthly close under 46 and we have…
Tire change for Canadian Tire?
Canadian Tire (CTC:TSE) is currently tracing out a top OR a continuation pattern. I'm ready for both scenarios. Check out the monthly candle chart. A monthly candle close under 215…
Dos cervezas, por favor!
iShares MSCI Mexico Investable Mkt Idx (EWW:ARCA) has tested it's +5 year HUGE top formation breakdown line this month. A monthly close below 50 would give a measured move to a 27.50…
Getting SPDR S&P Retail at discount?
Trenches are being drawn for SPDR S&P Retail (XRT:NSYE). The price action is morphing and tracing out a new possible top pattern. Check out the monthly candle chart. I have the breakdown line…
Getting cold in Sweden!
iShares MSCI Sweden Index (EWD:ARCA) is getting testing it's support line of the top formation carved out. A monthly candle close below 30 gives a target of 24.50. Here is the…