Current Market Analysis
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Wave 5 looks like it has started down today. Prices should drop a below 115 at least.
Is doing the same as the EURUSD. 132 1st target on Cable.
We could still see this market roll over and get a red PTS. Nothing but long and green PTS at the moment.
The Daily Trend Predictor signal pushed the price up today. Still looking like it wants to go higher.
Looks like we are going into a wave 5. Or we could stall at the 76.4% B wave. Long side at the moment.
Slow and non-directional. We did get a pop higher over the last few days.
New buy signal on Silver but we are coming into a resistance area. Be careful around that area.