by Enda | Nov 26, 2024
Good evening folks and the Lord's blessings to you. The first chart below is the last 6 years of COT data plotted against price for the EMINI futures contract. We have not seen an extreme positioning like this in the history of this market, its been close, but at far...
by Enda | Nov 25, 2024
Good evening folks and the Lord's blessings to you. EURUSD. EURUSD 1hr. EURUSD 4hr. EURUSD daily. EURUSD seems to have completed wave 'a' of (iv) this evening. The price has traced out five waves up off the wave (iii) lows. And so far this move can be viewed as wave...
by Enda | Nov 22, 2024
Good evening folks and the Lord's blessings to you. EURUSD. EURUSD 1hr. EURUSD 4hr. EURUSD daily. The minimum target for wave [c] green has been met this week with a break below 1.0450. That level marks the wave [a] low which formed all the way back in September 2023....
by Enda | Nov 21, 2024
Good evening folks and the Lord's blessings to you. EURUSD. EURUSD 1hr. EURUSD 4hr. EURUSD daily. Another step lower today into wave (iii) blue. I am relabeling the internal pattern of wave 'iii' and 'iv' pink. The correction in wave 'iv' is too large to consider at a...
by Enda | Nov 20, 2024
Good evening folks and the Lord's blessings to you. I want to start tonight with a very compelling pattern that is developing in the US bond market. the TLT to be exact. I think there is a bullish higher low now coming into view, and I think this should be watched...
