EUR/USD - Green wave iii ended at 1.2640 and we are currently seen green wave iv, which should correct a minor part of green wave iii and most likely will end in the 1.2750 - 1.2800 area, before green wave v takes us below important support near 1.2625, but remember that, when green wave v is done it only marks blue wave iii and in the bigger picture we have much more downside to cover.
USD/JPY - My call for the x-wave to have ended at 80.55 turned out to be very timely. We should now be in the final part of the correction that began at 84.17 and the ideal target-area is between 78.33 - 78.86. I do think that 78.86 makes a more likely target than 78.33, but time will show.
The the bottom is finally in place and new impulsive rally above 84.17 should be seen.
Natural Gas - The correction from 2.51 only became a very shallow correction and the next impulsive rally to at least 2.99 and more likely 3.39 is now under way.
In the bigger picture we have seen a major bottom at 1.90 and should recover much more upside in the coming weeks/month. The first real resistance in my view is seen near 4.35.
I am very impressed with your counts. They have been right on.
ReplyDeleteHi Dr. PhysicsJLC
ReplyDeleteThnak you very much.
I really appriciate your opinion!
Regards
EWS