Bearish bias prevails at this point
PREDICTIVE/FORECASTING MODEL:
- Numerical Targets:
1 - TG-1 = 1.21656 - 25 FEB 2015
and
2 - TG-2 = 1.17984 - 25 FEB 2015
- Nominal Targets:
1 - TG-Lo = 1.15527 - 25 FEB 2015
and
2 - TG-Lox = 1.13517 - 25 FEB 2015
STRUCTURAL TRADING:
- Invalidation > 1.26965
- Strongest bearish resistance @ 1.26234 - See "Market Geo" next for expected rallying extent.
GEOMETRIC DEVELOPMENT:
- Potential WW with pending 5-wave expected as a Point-5-prime expression, rather than a conventional Point-5; Subsequent rallying would likely be capped at WW's Point-4 level, or 1.26620.
Expect a protracted, time-consumptive unfolding of price at this level, as EW's 4th wave is unfolding, respective of the "Rule Of Alternations".
OVERALL:
Bearish bias pending significant break of floor, which is not expected to occur until resolution of background advance geometry.
Stay tuned,
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
-----
Twitter:
@4xForecaster
LinkedIn:
David Alcindor
-----
.
PREDICTIVE/FORECASTING MODEL:
- Numerical Targets:
1 - TG-1 = 1.21656 - 25 FEB 2015
and
2 - TG-2 = 1.17984 - 25 FEB 2015
- Nominal Targets:
1 - TG-Lo = 1.15527 - 25 FEB 2015
and
2 - TG-Lox = 1.13517 - 25 FEB 2015
STRUCTURAL TRADING:
- Invalidation > 1.26965
- Strongest bearish resistance @ 1.26234 - See "Market Geo" next for expected rallying extent.
GEOMETRIC DEVELOPMENT:
- Potential WW with pending 5-wave expected as a Point-5-prime expression, rather than a conventional Point-5; Subsequent rallying would likely be capped at WW's Point-4 level, or 1.26620.
Expect a protracted, time-consumptive unfolding of price at this level, as EW's 4th wave is unfolding, respective of the "Rule Of Alternations".
OVERALL:
Bearish bias pending significant break of floor, which is not expected to occur until resolution of background advance geometry.
Stay tuned,
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
-----
Twitter:
@4xForecaster
LinkedIn:
David Alcindor
-----
.