Thursday, 19 September 2013

Emini S &P & $JPY....Video with reaction line analysis

http://www.youtube.com/watch?v=ASxrgi8Y4Hk&feature=youtu.be

USDJPY looks set to rally: Note the down sloping black "gap" fork used and the reaction lines from it...draw it yourself and be amazed!!




I hope this chart below is simple enough to show the CL destination. My horizontal lies at 99.27 which would be a very shallow RT of less than .236 but expect some bounce there even if we break lower.



ES, Emini S & P



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