Wave ( 3 ) is thought to be complete so expect 2.83 – 2.87 to hold for another round of weakness in 3 waves to complete wave ( 4 ). Price needs to stay below 2.92 for this view to remain valid. We don’t like selling the yields as wave (( a )) decline was […]

Wave B has completed with a test of 0.8650 so as this level holds, we like the idea of more downside in the pair. We don’t like buying into proposed wave ( b ) pull back. If you would like to receive accurate & timely forecasts for 25 instruments that we cover, why not Sign […]

Wave B has completed at @ 22.43 and metal is completing a 5 wave move from this level. A test of 25.03 could be seen before we get a corrective (( b )) wave pull back and higher again. We don’t like selling the metal into proposed wave (( b )) pull back as 1 […]

Wave ( b ) appears to be taking the form of a triangle so while below 1.4884 and more importantly 1.4931, expect more downside initially toward 1.4626 – 1.4684 initially. As wave (a ) was a 3 wave move so we don’t like selling the pair into the proposed swing lower. If you would like […]

Wave (( iv )) is unfolding as a FLAT and idea is valid as price stays above 2.72 – 2.75 region. Expect more strength toward 3.00% to complete the diagonal structure before we get another pull back in 3 waves.   If you would like to receive accurate & timely forecasts for 25 instruments that […]

Break to new highs suggests wave (( iv )) is over and focus is now on 2.97 – 3.00% area to complete wave ( 3 ) before we get a wave ( 4 ) pull back which we don’t like selling into. To see the mid-term view in 10 Yr note yields and other 24 […]