Monday, August 22, 2011

update on eurchf

Expectations coming few days....(1) a move up to burn any looming shorts, then a (2) decent move lower, and finally an (3) extremely powerful move higher co-inciding with the market bottoming out...


--------------August 26....The move higher is in play.. If im correct, we should see a move lower starting next week, taking this cross lower, along with all the other risk asset classes..


---------------------------The move lower is in play...Soon expecting a powerful move higher

Here comes the powerful move higher we were talking about. The news out today is on the Swiss Government intervention, but as always, the news comes out in the charts first....



 

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