Stock Indices are vunerable for a big decline

We are starting to see further evidence that the Dow and other indices could fall today. On this update we take a look at the pattern that has set up in the Dow and also take a look at Gold and oil.

EURUSD Daily

Continues to drop as the Dollar strengthens. A 5th wave completion pattern will soon be completed below 11500.

GBPUSD Daily

12993 target has been met. 12749 is the next target but there are no garuntees it will get there.

Dow 240 Min

The Dow has an ending diagonal pattern which means lower prices.

DAX Day

Next target is 12818.

USDJPY Daily

11307 profit target has been met.

Gold Daily

Continues to fall with the next target at 1200. We do have some support at 1212.

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