Tuesday, 21 April 2015

S&P 500 futures attempting upside break from triangle in European trade, targeting 2140ish


EUR/USD big picture wave count suggests to expect further rally from above March low

Weekly chart illustrates the EUR/USD big picture Elliott Wave count, which suggests to expect further rally from above March low.



With the big picture in mind, I am watching for short term signs of strength to indicate that further rally is likely. Zooming in to the 4 hour chart, an upside rally from the current down trend channel would be a start. Let's see.