Crude is favored ended correcting the cycle up from the 12/24/2018 lows at 51.05 on 10/3/19 where the 4 hour is turning up. The wave (1) cycle from the 10/3/19 lows has ended at 65.68 and while a bounce fails below there expect another swing lower to correct the cycle from the 10/3/19 lows...
CURRENCY STRENGTH OVERVIEW TODAY CHF continues to be bullish in most timeframes. Make now attention it is overbought in lower timeframes (yellow color for currency strength), pullbacks are likely...
Pivot (invalidation): 58.65 Our preference Short positions below 58.65 with targets at 57.70 & 57.20 in extension. Alternative scenario...
Pivot (invalidation): 13509.00 Our preference Short positions below 13509.00 with targets at 13320.00 & 13273.00 in extension. Alternative scenario...
Pivot (invalidation): 17.9200 Our preference Short positions below 17.9200 with targets at 17.6800 & 17.5300 in extension. Alternative scenario...
Pivot (invalidation): 1548.00 Our preference Short positions below 1548.00 with targets at 1531.00 & 1524.00 in extension. Alternative scenario...
Pivot (invalidation): 3275.00 Our preference Long positions above 3275.00 with targets at 3300.00 & 3309.00 in extension. Alternative scenario...
Pivot (invalidation): 5.8570 Our preference Long positions above 5.8570 with targets at 5.8810 & 5.8950 in extension. Alternative scenario...
Pivot (invalidation): 0.6890 Our preference Long positions above 0.6890 with targets at 0.6910 & 0.6920 in extension. Alternative scenario...
Pivot (invalidation): 1.3065 Our preference Short positions below 1.3065 with targets at 1.3040 & 1.3025 in extension. Alternative scenario...
Pivot (invalidation): 0.9700 Our preference Long positions above 0.9700 with targets at 0.9720 & 0.9735 in extension. Alternative scenario...
Pivot (invalidation): 109.85 Our preference Long positions above 109.85 with targets at 110.20 & 110.35 in extension. Alternative scenario...
Pivot (invalidation): 1.3005 Our preference Short positions below 1.3005 with targets at 1.2975 & 1.2960 in extension. Alternative scenario...
Pivot (invalidation): 1.1125 Our preference Long positions above 1.1125 with targets at 1.1145 & 1.1155 in extension. Alternative scenario...
CURRENCY STRENGTH OVERVIEW TODAY CHF is bullish in most timeframes and JPY is bearish in most higher timeframes. It gives us am uptrend in CHFJPY...
Pivot (invalidation): 59.50 Our preference Short positions below 59.50 with targets at 58.60 & 58.05 in extension. Alternative scenario...
Pivot (invalidation): 17.9500 Our preference Long positions above 17.9500 with targets at 18.1500 & 18.2700 in extension. Alternative scenario...
Pivot (invalidation): 1552.00 Our preference Long positions above 1552.00 with targets at 1563.00 & 1569.50 in extension. Alternative scenario...
Pivot (invalidation): 3272.00 Our preference Short positions below 3272.00 with targets at 3253.00 & 3246.00 in extension. Alternative scenario...
