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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
Nov 25, 2013 18:39
In Thread: EUR
In reply to Sir Ignore's post
Weekly bullish in W.3 up from Nov 2008 low. Resistance at 43.66 pivot, then cluster 48.68/50.24, then cluster 59.55/64.52. Usual rets along the way with quite shallow retracements typical of wave 3's. Current 36.52 and could be getting o/b on daily timeframe. You will be aware YHOO been well lagging the Nas indices so plenty of scope for catch-up barring a stock mkt implosion. The charts are bullish, no doubt about that, good ole QE :-)
Dave....I appreciated the update on yahoo a while back...and I know it's on here..but....
I didin't keep copy
you have been right on with your analysis....the weekly stochs on yahoo look bearish now...or all good gainers facing same look...
if you apply 8 sma to weekly according to 4 hr rules abour open and clsoe this has been a sure thing since bounced off of 200 sma
and stoch downers have only produced a 3/4$ drop...and 8 sma can contain that...
what your take now..are you dow bearish coming year..
http://twitpic.com/dpd1z3
Ashraf
pboc fail on slo, worth a try. below 8821/00 indicate bear is coming. :P