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Tuesday, April 1, 2014

USD& Brent Crude

 The US Dollar Index had an early crossover of the conversion line with the Base line. (green arrow) Next for a Bullish Break-out would be piercing through the cloud and the Lagging Line to follow suit.A rise above the Flat area (green dotted line) would provide for a conformation of a longer term trend.
click to enlarge
Brent Crude looks to finally to have broken  down out of an Triangle. LT. Triangles always morph into other Patterns.

Ian Copsey Posted an Harmonic Wave chart for Silver at his Blogsite. Scroll down at the Links section and click the Harmonicelliottwave tab.

 

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