Wave 2]c) ended at 78.99 and jumped to 80.33.
Three resistances ahead:
MA(50) at 80.69.
Resistance trend-line at 80.5.
Previous low at 80.77.
Note MACD and RSI BUY Signals.
Next is: Very "Big M" versus "1]-2]-3]".
Break of 80.77 low will be more bullish.
Three resistances ahead:
MA(50) at 80.69.
Resistance trend-line at 80.5.
Previous low at 80.77.
Note MACD and RSI BUY Signals.
Next is: Very "Big M" versus "1]-2]-3]".
Break of 80.77 low will be more bullish.
Quote from mu200411:10-23-13 09:57 AM
$USD "Big M"'s first target at 79.2 reached.
Next target may be 77.2 or 75.2
Wave 2]c) of Flat Wave 2] may end at 78.4 .
http://www.elitetrader.com/vb/attachment.php?postid=3890145