Aussie has topped - Confirmed

Crude Oil, good risk reward short Opp

I believe today, the 11th Oct, should see Crude make it up to 87.12, where it will start a decent fall, and possibly even new lows well below 75.....Stops should be slightly higer than usual for swing plays, and thats what this is..A swing play down to 76, 71, or even 65/66..

Dax, short opportunity

Havent updated the Dax for a while........Still in doubt whether we have bottomed, even after this very powerful bounce we're seeing.....think 6041 could hold it, for a final test lower.....

Euro has not bottomed yet

I strongly believe the Euro has not bottomed yet, and the bounce we are seeing is fake...My target has been lowered to 1.2630, from 1.3030, and am looking to go short around 1.3778......will update this later..

GBP update

Last week, i had a post on GBP/USD, stating it should get to 1.5260,,,we got to 1.5268, and reversed strongly...I dont think however this bounce will last very long....as the main trend is still down...I think we should get to just below 1.48, before a decent move to the upside begins..

Here;s the link to that post..

I think tommorow, we should see a rejection at the 0.382 level, and possibly the resumption of the downtrend..

Australian Dollar, good shorting opp.

This is my first post on AUD/USD, which is a currency strongly correlated to the precious metals...I believe the main trend on this cross is down, after having topped at 1.10.... I think the level mentioned in the chart below presents a good shorting opportunity should we get there in the next 2 days...

SnP - the final hurdle...

In my last SnP update, i was expecting 1188 to hold the upside, but we broke through it and hit a high of  1197..Although price now at 1192 is still very close, i believe the right move is to take a small loss, and move on...This is my next target, 1217, and im fairly confident this time we will not break through....Stop should be near 1225-1230....

S&P 500. Potential bottom tommorow @ 1070

Expecting a temporary bottom to form tommorow on the S&P..

-------------------------------Updating this post made last week....i think we're about to reach the end of a wave tommorow around 1188-1189.... i belive the next direction will be down.  I think there's a possibility we make a new low, but if we do, it will be the final one before a massive wave higher....If we dont make the new low at 1033, correct, then make new highs above 1190, then chances are we've seen the worst of it...will let the charts tell us what to do when the time comes. For now, the play is to go short...(with a stop as usual, a couple of points higher)

Big Rally in Crude Oil, starting tommorow!!

i think a rally in crude oil spanning a few months is about to begin tommorow, around the 73 level..with a target of 90 or above...

euro. Strong bounce coming..

---------------------------Updating this chart posted today...its overnight, and the euro has found some support at 1.3160 as expected......but ive been re-evaluating this trade, and i think we will have one final wave lower tommorow taking us to around 1.3030...

 I think we're about to see a a significant turning point in the markets for the next few weeks.

This is what i think the final outcome will be. One final flush tommorow (Tuesday the 4th Oct), before the Euro starts a fresh rally that should see it reach 1.40 or even higher..