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gentlemanlb

The New York Sugar Futures continues performing as anticipated. The expected ST downside correction is taking place .

gentlemanlb

The CBOT SOYBEAN FUTURES continues performing perfectly as anticipated , After the completion of wave B, the market reversed down to complete the wave C and reached so far 1292.5 down from 1409.5.

gentlemanlb

The CBOT EMINI DOW JONES INDEX is showing bearish structure. An extended downside move is expected to take place after the breakout.

gentlemanlb

After the completion of the 5th leg, the US DOLLAR is expected to reverse direction to the downward.

gentlemanlb

We maintain the same bearish outlook on aussie.After the A,B,C correction, market is expected to resume its downward toward the target zone.

gentlemanlb

Sugar continues performing perfectly as anticipated. Wave 5 in progress but rally starts showing ST hesitation which might trigger a ST downside correction in the coming sessions.

gentlemanlb

After a large sideways trading, The silver has complete the 5th leg of the triangle formation and it is expected to resume rally for new fresh highs. "E" MUST hold to validated this scenario.

gentlemanlb

The gold market structure is showing high probability for a Short-Term upward Counter-Swing to take place. 1900 level must hold on closing basis to maintain this scenario. A clear close below 1900 will abort the above upward Counter-Swing and open window for a deeper downside move toward 1875-65 area.

gentlemanlb

EURO reached our S1 which is acting as temporary support which might trigger some shorts covering that push the EURO slightly up before resuming its downward. MAINTAIN THE SAME OUTLOOK.

gentlemanlb Updated 

Very short term chart is showing euro trying to establish an upside counter-swing in the form of inverted head & shoulders...

gentlemanlb

After MJT breakout, the line is now acting as a crucial resistance on closing basis and must cap any upside move to keep the bearish momentum healthy.

gentlemanlb

After a long period of sideways trading within MJT and MNT lines , Corn is trying to establish a base for an upside counter-swing. A clear close above 508 will confirm it and clear the path for an extended rally. Today USDA will release the weekly export sales report which could be the catalyst that ignite this counter-swing.

gentlemanlb

The soybean futures continues performing as anticipated. Wave B in place and the wave C in progress.

gentlemanlb

We maintain our bearish outlook. The market is swinging within a descending channel. ONLY a clear close above KP will abort the bearish scenario and clear the path for a strong rally.

gentlemanlb

The US DOLLAR INDEX is approaching its ideal counter-swing ideal target where we anticipated that profit taking and fresh selling interests will drive the index lower.

gentlemanlb

After the completion of the wave 4 downside correction, the dollar resumed its upward to complete the wave 5 of the same degree.

gentlemanlb

We maintain the same outlook. Bullish structure in 5 impulsive waves. After the completion of wave 4 correction, the market is expected to resume its upward to complete the 5th wave of the same degree.

gentlemanlb

The silver reversed direction to the downside near TL as anticipated and reached today 22.99 down from 25.00 and approaching the major trendline while also approaching the ST oversold territory.