Color Scheme of the Charts to Differentiate the Various Wave Degrees is:
{ Supercycle / Cycle / Primary / Intermediate / Minor }
{By clicking on any chart, it will enlarge for ease of viewing. Commentary at the top of each chart is more easily read, also.}

Friday, September 13, 2013

USDJPY nears epic turning point

Contracting Triangle final wave E is in its 3rd and final wave.  Rally will follow for as long as it took the CT to complete.

Tuesday, September 10, 2013

Tesla's Pin awaits at 180

Bubbles never end pretty.  TSLA is technically ready to "Pop" when price hits 180.

USDJPY's ugly twin. (The Bullish Interpretation)

Bullish Interpretation is not favored count currently, but remains a possibility to be prepared for.  A break above Wave (1) high in chart #2 would be reason for concern.

Sunday, September 8, 2013

USDJPY Wave C of ZZ Trade

Highest probable price target was chosen as profit target (highest peak on the Y axis histogram) and Stop order place just beyond the extreme of the ZZ pattern origin, which is where this pattern gets invalidated.