Pref.Count: At this moment, i believe that "wave a" hasnt be completed. Im looking forward for any good set up to buy again.Target is 149.99 or 153.35 in expansion.

Alt. Count: Otherwise, bearish trend will bring about to perform major "wave b".

Comment: No indication that could give any signal to end this bullish trend yet. I.e. big TF still indicate strongly bullish trend.

Pref. count: At this moment, subwave 5 in "wave a" is in process. We can clearly see the horizontal triangle corrective pattern. Ill find any good set up to enter buy position with the target of 149.98 (expansion wave a).

Alt. Count: For any bearish continuation which has led to the possibility of breaking critical line to invalid this bullish trend will indicates that "wave a" is completed. Target will be "wave b".

Comment: I dont see any divergence pattern to end this bllish trend for the moment. Dailly t.frame strongly indicates bullish is still in process (Smac-d supported by the RSI>0 ).

pref. Count: Today price is open above the daily pivot line. Im looking for any sign that can indicates this bullish trend has ended. I open my sell position at price 147.22 with the target of 137.63 or 136.34 in expansion (wave b).

Alt count: Any major bullish is an expansion of "wave a" with the target 148.90 or 152.06 in expansion. (This is possible to happen since i have not found any sign to indicates trend ended.

Comment: On the supportive pictures, im waiting for the confirmation from the interception between MAE42>MAE14 (indicates bull trend started). My sell position is strongly support by the smac-d interception as well as RSI<0 (which it just cut the zero line).

Pref.Count: Due to the critical line breakout, new counting is established. Im looking for any divergence (produced out) to indicates the end of the bullish trend, so that "wave a" is completed. Then sell with target of 138.34 or 135.64 in expansion for "wave b".

Alt count: Further bullish should be "wave a" in expansion with the next target 149.98.

Comment: Smac-d moves opposite way to the price (divergence).

Pref. Count: Price started after at least 100pips gap created. Until this moment, i can say bullish might hasnt found the top.(i.e. there is no indication) So there must be some minor bullish happens to perform some bullish expansion/double top).Im looking for any good set up to sell again since i believe 'wave b" hasnt completed. Target is at least 138.20 or 136.31 in expansion.

Alt count: If there's any major bullish happen, "wave a" in expansion. Target is 147.50 or 149.47 in expansion.

Comment: Most the indicators (analysis thru tf to tf), indicates strong beaarish pattern. If the smac-d has intercepted, its a privileges to confirm this bearish trend.

Pref. count:Until this moment, i can say the whole trend gonna be bearish trend as the RSI<50 supported by the moving averages line. In mean time, there will be subwaves produced. What am i expecting is the market will bullish to perform subwave iv which the target is 140.73 or 142 in expansion, then at the end of the day market is gonna bearish again to complete "wave b".Target is 135.27.

Alt. count: If major bullish likely to happen, the main target will be 153.03. I'll find any possible reasons for that to happen soon.

Comments: Moving averages in big TF(MAE42 < MAE14)

Pref.count: Im still holding my sell position. Im now expecting price will further down to complete "wave b" after last night (new top produced) which is the expansion of "wave a". There might be a minor bullish as to complete subwaves in a wave. The target will be 138 or 135 in expansion.

Alt count: If it bullish continuation, wave might performing major expansion of "wave a" as there is no clear indication that this bullish trend has been ended. The target should be 148 or 150 in expansion.

Comment: Smac-d indicates strong bearish trend,RSI<50 supported by the MAE lines(bearish continuation). Fundamentally, Dow jones industrial index has Changed: Down 427.47 (5.07%)since lastnight, weakening the pound strength.

Pref.count: As per yesterday performance i can say that most of the time price was play between R1 and pivot line where the lowest was 143.57 and the highest was 146.48. For today im expecting price will bearish at least to make a movement to complete "wave b" at 135.22 (fibo 61.8%). Smac-d produces a clear indication of bearish trend supported by moving average lines (MAE42


alt. count: For any infavorable circumstances, price might bull back to make an expansion of "wave a" with the target of 149.39.



comment: RSI<0, while MAE42 almost cross with MAE14 in H1 chart.From the TF analysis://strong bearish trend.

Preferred count: At this time, im still holding my sell positions since last night. The reason being, there is a clear divergence produced over double top made yesterday and at the same time supported by the smac-D pattern. This indicates that bullish trend has ended (wave a is completed). The target is 134.98 which i can see to complete new "wave b".

Alt count: For some unexplained reason, market might bullish back to complete expansion of "wave a" at 148.27 since last night "wave a" is just completed at fibo.31.8%/retracement (146.31).

Comment: RSI is supported by the MAE indicates strong bearish trend. Even MAE14 > MAE42 in H1 chart (buy pattern), but it is not supported by the smac-d pattern.So we can take MAE42 > MAE14 at M15 chart as the direction, while MAE42 almost cross MAE14 in M30 chart.

preferred count: At this moment, im still holding my buy positions with the target that "wave a" is in continuation to be completed at least at the price of 148.46 or 150.40 in expansion.

alt count: Or else we gonna see the bearish continuation to perform "wave 5" in expansion if the critical line broken.

Comment: The strategy is to catch this "wave a" then only find good set up to sell back. The RSI (supported by MAE trend) shows bullish trend,while smac-d pattern is about to cross indicate bullish confirmation.

Preferred count: As per yesterday performance "wave a" hasnt completed as the price didnt even touch the 1st target of 148.82 (expan fibo. 50.0).Im expecting price to continue bull hit the target of 148.82 or 150.81 in expansion. As we can see the osc and smac-d indicates, white/blue just intercepted (bullish).There is no signal of bullish trend to has ended after all.

Alt count:If price continue to fall further after the last price (which is in bearish trend, im expecting its now about to complete wave 5 in expansion with the further target of 124.31.

Comment: Trend analysis in sequence (indicators analysis): 15mnt-sell,30mnt-sell,h1-buy,h4-buy. Market strength: 76% down, 24% up.

Currently, the market can be assumed to has completed wave 5 since there is divergence sign produced through out yesterday performance.Smac-D indicates strong starting of bullish trend(smac-D above 0 ). What i will be looking for is a bullish set-up as the price is expected to touch at least 148.82 (Fibo expan. 50.0)or 150.51 in expansion.

Alt count: if the price cut below 141.00, perhaps bullish counting wouldnt be valid anymore.Price is then expected to complete wave5 in expansion at 136.67. There is no valid signal for this great bearish anyway.