FCPO
Picture 1, was what I forecasted on 23rd October 2014 that the market would move upwards for the coming weeks. With a beautiful wave and at that time forming the C wave, I targetted it to reach 2293 at that time.
Picture 1, was what I forecasted on 23rd October 2014 that the market would move upwards for the coming weeks. With a beautiful wave and at that time forming the C wave, I targetted it to reach 2293 at that time.
Picture 1
Picture 2, shows that my forecasted target had achieved on the next week after Picture 1 was done. Hence, BINGO! :). It closed even further and closed above 2300 which is poised to give bulls the cutting edge now.
Picture 2
Let's not forget about Soy Bean Oil, Picture 3. As we can see that Soy Bean had also had a big drop and it has been sideways for a while consolidating and had a big break out last week. Nearest target should be 36.57. Breaking that would be all the way to the next target 39.85 and etc etc.
Picture 3
Picture 4, shows that bulls hare going crazy after the last big drop and it has probably taken control now. Breaking 61.8% or 1845 level and now turning it to a support, shorters will definitely be fried for lunch like KFC chicken if they are not careful.
Picture 4
Left off posting anything here for a while. Really had some shifts in the market and we had big swings too.
Anyway, good luck and trade at your own discretion is always the best! :)
