Controlled jitters .. The volatility increases ...24-10-2014
24/10/2014 05:29
Wall street - Daily Rolling:
It is very likely to complete a first cathodic part of the correction on 15850, and now have started for a second, inner anode, which will also be in upward and downward subdivisions, of which the first ends rather well.
Major role in the upward expansions during this period, will play possibly the range 16850-17000.
Because of the nature of this move, we are expecting fidgeting in both directions.
Germany 30 - Daily Rolling:
Next major resistance area, after 9000 by the German index , is located between 9100-9175 - Short term 9275. but we are also expected reversal with less than 8800 Any provision in this phase is considered risky due to the prematurity of the wave.
SP 500 - Daily Rolling:
Below 1940 should really confirm we are in back down to area 1933/1918 or 1911 as extended reaction. Therefore, if we see a corrective pullback over the next few days which maintains support in our upper support box, it will likely be setting us up to rally to the 1967-1972.
€ / $:
As long as it remains below 1.3000 the downward trend will continue, with the increasingly lower targets listed in the Official List (SF).
Gold - Rolling Daily:
Impulsive count to 1215/1218 region remains but not over 1237-1255 area so far Per the daily chart 1222.6 is the larger support
Technical, as long as Gold is holding $ 1180 within a range that can approach even the $ 1,600 long-term, the medium term 1455 and 1350 short -term, according to current knowledge. But ....
Silver - Rolling Daily
Right now silver remains in no mans land: as long as 17.35 level holds silver is set up for the lower levels - below 17.02 region it may accelerate down but over 17.31 then 17.85 remains an ideal target for this count.
