THE FUTURE

THE FUTURE
Graphs above are dated JUNE & JULY 2017 as well as the NOTE UNDERNEATH

Sunday, May 30, 2010

JUNE ENERGY UPDATE

June 3rd has the potential to OPEN similar to May25th and recover as well

BUT the similarity stops there as it might be possible to set a lower low or at least
match the previous low on June 7th on a closing basis

I can see that May 25th might have created a WAVE low at 1040,
but that would mean June is set to create a retrace wave against a downtrend

That might or might not the case, OR somewhere in between
heres what I mean

May25th LOW say minor wave 1
Now minor wave 2 to June 16-17
BUT in between can be a little more tricky

We could see a RETEST of MAY 25th low at 1040 on a closing basis on the 7th
THEN the rebound to make wave 2 thru June 16-17

Jay

4 comments:

San said...

Euro vs Usdollar moving in a channel with upside possibilities

http://niftychartsandpatterns.blogspot.com/2010/05/euro-vs-usdollar-moving-in-channel.html

Thank you

RickyBobby said...

Gap-Up

Jay Strauss said...

THANKS NIC for becoming member # 118
WELCOME to my corner of the world
Jay

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