Thứ Tư, 17 tháng 7, 2013

Elliott Wave Update ~ 16 July 2013

Elliott Wave Update ~ 16 July 2013
Not sure if wave [iii] has peaked yet or not. 


 



 
  • Bearish candle after 8 days of bullish candles. 
  • Line chart shows price turning down But the crucial support band of 1670 - 1672 is yet to break. Weakness only on price breaking below this level as shown in 15 Minutes chart.
  • If price takes support at this level an up move towards the resistance line shown in second chart may happen.



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