Wednesday, June 17, 2009




RSI H1 < line 50 ..................sell strong
MAE 42 > MAE 14 in H4 .......sell set up
MACD indicates strongly the downtrend pattern .........the supportive trend.

the price is expected to hit the next TP @ 154.530 after the minor retracement of the subwave completion. If this trend getting stronger the next expansion of wave will hit 150.822(fibo.-23.6), while the new wave ocunting will be re-established.

Alt.count: Or else if the moving average lines
(i.e MAE 14 > MAE42) in H1, carefull for any trend reversal pattern.