Saturday, 20 September 2014

Hang Seng breaking lower, beginning 60%+ decline?

Daily chart shows the Hang Seng breaking lower.


Weekly chart Elliott Wave count suggest this market is beginning a 60% decline, to at least below the big wave A bottom from late 2008.


AUD/USD trending lower toward 0.84

Weekly chart shows AUD/USD trending lower toward the lower line of the trend channel, around 0.84.


EUR/USD nearing potential support at mid 2013 lows

Weekly chart shows EUR/USD nearing potential support at the lows of mid 2013.


Daily chart shows EUR/USD's recent down trend channel.


Gold trending lower toward 1100

Weekly chart shows Gold trending lower toward the lower line of the trend channel, just above 1100.


Silver breaks key support, resuming decline toward 13.00

Weekly chart shows Silver breaking key support and resuming its decline toward 13.00 or so, at the lower line of the trend channel.