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Wednesday, November 28, 2012

Fwd: DIA & SPY showing similar pattern.... (part 2)


From: Mark 
Date: November 29, 2012 12:19:14 PM GMT+08:00
To: leslie 
Subject: DIA & SPY showing similar pattern.... (part 2)

.....
Continue from previous email

On weekly chart, prices has broken out of the weekly trend channel,
Which I think is the 5th wave.
And the subsequent decline from 148 to 135 is wave A
Current technical wound is Wave B
And the subsequent reversal of B
Will bring about C wave down to 128/120 ??






Fwd: FXY : Yen



Begin forwarded message:

From: Mark
Date: November 29, 2012 12:30:48 PM GMT+08:00
To: leslie
Subject: FXY : Yen

Heyy Leslie,

take a look at this FXY....Yen trust ETF

The 2 charts are FXY, just that the one below has lines drawn








Thursday, November 22, 2012

FXA : Aussie Dollar trust : Multi month/qtr down !

FXA : Aussie Dollar trust : Multi month/qtr down !
What goes up must come down
Especially when the reason it went up by is no longer ...

Mines are closing, miners laid off.....
But news black out in it....

Technically :
Volume declined almost the whole 2012
Back to 60-70 levels....??

So if that is the forecast what should we do ?