Wednesday, 6 March 2013

ASX 200, S&P 500 and DAX all hit new highs for 2013 #spx #asx #dax

ASX 200

S&P 500


GBP/USD hourly chart showing five waves up, three waves down #gbp #elliottwave

I usually keep my Elliott Wave counting tendencies under wraps on this site, but the GBP/USD hourly chart count is currently so clearly bullish, with the market in close proximity to weekly chart trend channel support, that it's worth noting.

Hourly chart with wave count, indicating that a new up trend has begun so long as this week's low holds.