Mid-Week Update

By: Nouf | Thu, Oct 25, 2012
Print Email

Bottom line: With the weak price action I suspect the bearish ideas are in control, although I am not showing the bullish ideas, it would need something impressive on the upside to suggest the bullish wave counts are in control, from what I have seen over the past 2 days the bears look like they have the edge.

If something very bullish on the upside was to happen then I will likely to what we see and bring back the bullish wave count the target areas for a potential reversal.

Mid-Week Update




Author: Nouf


The information written in this article should not be used for any trade recommendation.

www.wavepatterntraders.com accepts no responsibility for any losses occurred for any results or actions taken based on the content from this report.

Futures, stocks, Forex and commodity trading carries a high level risk and may not be suitable for everyone, any readers of this article are STRONGLY advised to contact a licensed investment advisor before making any financial decisions.

Copyright © 2010-2017 wavepatterntraders.com

All Images, XHTML Renderings, and Source Code Copyright © Safehaven.com