Week 04 / 2012 - DJIA - WAVES COUNTING, VARIANT I

Background
THE RENEWED COUNTING SUGGEST THERE IS HUGE HEAD&SHOULDERS PATTERN FORMING ON THE HORIZON, BEST SEEN ON MONTHLY BASIS.

TO CLARIFY THE SITUATION:

BEGINNING OF WAVE-(A) OF THE HEAD&SHOULDERS PATTERN STARTED IN YEAR 2000 FROM AROUND 11700 LEVEL AND ENDED AT THE END OF YEAR 2002 AROUND 7200 LEVEL.

WAVE-(B) THE MORE PROLONGED WAVE STARTED AT THE END OF YEAR 2002 AND ENDED AT THE END OF YEAR 2007 AROUND 14200 LEVEL.

WAVE-(C) ENDED IN YEAR 2009 AROUND 6500 LEVEL.

WAVE-(D) ENDED THIS YEAR(2011) AROUND 12900 LEVEL.

WAVE-(E) IS IN TACT, DOWN FROM LEVEL 12900. IT WILL BE MORE COMPLEX FORMATION, SOMETHING LIKE DOUBLE OR TRIPLE FLAT OT COMBINATION PATTERN. WAVE-[A] BEEN FORMED AROUND 10500. CURRENTLY MAKING WAVE-[B].

Week 04 / 2012 - DJIA - WAVES COUNTING, VARIANT II

Background
THE FIRST LEG OF A HUGE CORRECTIVE DIAGONAL TRIANGLE ENDED AS

WAVE-A @ ~6470 AS DOUBLE ZIGZAG PATTERN;

WAVE-B LEG UP WITH 5 IMPULSIVE WAVES ENDED AROUND 12900;

IT IS ON WAY TO MAKE WAVE-C AS MORE COMPLEX FORMATION OF WHICH WAVE-[A] BEEN MADE AROUND 10500. CURRENTLY MAKING WAVE-[B].

Dow Jones Industrial Average - Week 04 / 2012 (23.01 - 27.01)

Background
TREND - UP TO NEUTRAL

RESUME&VIEW - TARGETING THE TOP AT 12870. 12300 IS SUPPORT.

RESISTANCE LEVELS:

Could form resistance at:

- 13000

Moderate Levels

-

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 12870

PIVOT POINT:

- 12570

SUPPORT LEVELS:

Could form support at:

- 12000

Moderate Levels

- 12300

- 11750

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

Dow Jones EURO STOXX - Week 04 / 2012 (23.01 - 27.01)

Background
TREND - NEUTRAL

RESUME&VIEW - PROBABLY WILL MOVE BETWEEN 2300-2500 LEVELS.

RESISTANCE LEVELS:

Could form resistance at:

- 2630

Moderate Levels

- 2450-2500

Strong levels (If daily close above strong resistance level , then it would become strong support level)

-

PIVOT POINT:

- 2377

SUPPORT LEVELS:

Could form support at:

- 2400

Moderate Levels

- 2300

- 2180

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

10 Year T-Note - Week 04 / 2012 (23.01 - 27.01)

Background
TREND - UP TO NEUTRAL

RESUME&VIEW - PASS ANOTHER WEEK MOVING IN RANGE BETWEEN 129 AND 132 LEVELS. IF BELOW 129 SUPPORT IT WILL BECOME MORE NEUTRAL.

RESISTANCE LEVELS:

Could form resistance at:

-

Moderate Levels

-

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 132.00

PIVOT POINT:

- 131.00

SUPPORT LEVELS:

Could form Support at:

- 130.00

Moderate Levels

- 129.00

Strong levels (If daily close below strong support level , then it would become strong resistance level)

- 127.50

Situation Chart:

EuroBund - Week 04 / 2012 (23.01 - 27.01)

Background
TREND - UP TO NEUTRAL

RESUME&VIEW - THE PSYCHOLOGICAL RESISTANCE AT 140 PUT A CAP. SUPPORT IS AROUND 137.

RESISTANCE LEVELS:

Could form resistance at:

-

Moderate Levels

- 140.00

Strong levels (If daily close above strong resistance level , then it would become strong support level)

-

PIVOT POINT:

- 139.00

SUPPORT LEVELS:

Could form Support at:

-

- 135.00

Moderate Levels

- 136.50

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

Reuters/Jefferies CRB Index - Week 04 / 2012 (23.01 - 27.01)

Background
TREND - NEUTRAL TO DOWN

RESUME&VIEW - RPOBABLY WILL MOVE IN RANGE 300-315.

RESISTANCE LEVELS:

Could form resistance at:

-

Moderate Levels

- 315

- 325

Strong levels (If daily close above strong resistance level , then it would become strong support level)

-

PIVOT POINT:

- 310

SUPPORT LEVELS:

Could form Support at:

-302

Moderate Levels

-

Strong levels (If daily close below strong support level , then it would become strong resistance level)

- 293

Situation Chart:

GOLD - Week 04 / 2012 (23.01 - 27.01)

Background
TREND - NEUTRAL TO UP

RESUME&VIEW - STILL FIGHTING WITH 1670 LEVEL, BUT ONLY ABOVE 1700 LEVEL IT WILL MOVE IN UPTREND TERITORY AND COLLECT MORE BUYERS.

RESISTANCE LEVELS:

Could form resistance at:

- 1670

Moderate Levels

- 1760

- 1800

Strong levels (If daily close above strong resistance level , then it would become strong support level)

-

PIVOT POINT:

- 1650

SUPPORT LEVELS:

Could form Support at:

- 1600

Moderate Levels

- 1625(minor)

- 1535

-

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

Crude Oil Light Sweet - Week 04 / 2012 (23.01 - 27.01)

Background
TREND - NEUTRAL TO UP

RESUME&VIEW - PROBABLY WILL MOVE IN RANGE BETWEEN 93-103 LEVELS.

RESISTANCE LEVELS:

Could form resistance at:

-

Moderate Levels

- 115.00

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 103.00

PIVOT POINT:

- 100.00

SUPPORT LEVELS:

Could form Support at:

- 95.00

Moderate Levels

- 92.50

- 90.00

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

U.S. Dollar Index - Week 04 / 2012 (23.01 - 27.01)

Background
TREND - UP TO NEUTRAL

RESUME&VIEW - UNSUCCESSFULLY TRIED TO GO THROUGH 81.50 RESISTANCE, WIDENING IT TO MORE ROUND 82.00 LEVEL. IMPORTANT SUPPORT IS AROUND 79.50, IF BELOW IT WILL BECOME MORE NEUTRAL.

RESISTANCE LEVELS:

Could form resistance at:

-

Moderate Levels

-

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 82.00

- 83.50

PIVOT POINT:

- 81.05

SUPPORT LEVELS:

Could form Support at:

-

Moderate Levels

- 79.50

- 78.00

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

USD/CHF - Week 04 / 2012 (23.01 - 27.01)

Background
TREND - UP TO NEUTRAL

RESUME&VIEW - HAVE TESTED 0.9300 SUPPORT, WHICH IS STILL HOLDING AND IS IMPORTANT FOR THE TREND UPTREND DEVELOPED. IF BELOW IT WILL BECOME MORE NEUTRAL.

RESISTANCE LEVELS:

Could form resistance at:

-

Moderate Levels

- 0.9550

- 0.9750

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 1.0000

PIVOT POINT:

- 0.9440

SUPPORT LEVELS:

Could form Support at:

-

Moderate Levels

- 0.9300

- 0.9100

- 0.8930

- 0.8600

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

EUR/USD - Week 04 / 2012 (23.01 - 27.01)

Background
TREND – DOWN TO NEUTRAL

RESUME&VIEW - BOUNCED WELL OF THE SUPPORT AT 1.2600, GOING SLIGHTLY ABOVE 1.2900 RESISTANCE. WOULD TRY TO MAKE 1.2900 AS SUPPORT WITH SIGHT ON 1.3100 RESISTANCE TEST.

RESISTANCE LEVELS:

Could form resistance at:

- 1.3000

Moderate Levels

- 1.3100

- 1.3200

- 1.3550

Strong levels (If daily close above strong resistance level , then it would become strong support level)

-

PIVOT POINT:

- 1.2800

SUPPORT LEVELS:

Could form Support at:

-

Moderate Levels

- 1.2600

- 1.2150

Strong levels (If daily close below strong support level , then it would become strong resistance level)

-

Situation Chart:

GBP/USD - Week 04 / 2012 (23.01 - 27.01)

Background
TREND – NEUTRAL TO DOWN

RESUME&VIEW - BOUNCED WELL OF 1.5300 STRONG SUPPORT, HARDENING IT AGAIN. PROBABLY WILL MOVE BETWEEN 1.5300-1.5700 LEVELS.

RESISTANCE LEVELS:

Could form resistance at:

- 1.5555

Moderate Levels

- 1.5650

- 1.5800

- 1.5900

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 1.6150

PIVOT POINT:

- 1.5435

SUPPORT LEVELS:

Could form Support at:

- 1.5400

Moderate Levels

-

Strong levels (If daily close below strong support level , then it would become strong resistance level)

- 1.5300

Situation Chart:

USD/JPY - Week 04 / 2012 (23.01 - 27.01)

Background
TREND - DOWN TO NEUTRAL

RESUME&VIEW - PASS ANOTHER WEEK IN TIDE RANGE 76.50-78.00. PROBABLY MOVE IN THE SAME RANGE.

RESISTANCE LEVELS:

Could form resistance at:

-

Moderate Levels

- 78.00

Strong levels (If daily close above strong resistance level , then it would become strong support level)

- 80.00

PIVOT POINT:

- 77.00

SUPPORT LEVELS:

Could form Support at:

-

Moderate Levels

- 76.50

- 75.50

Strong levels (If daily close below strong support level , then it would become strong resistance level)

- 70.00

Situation Chart:

Week 03 - 2012 - EURUSD - WAVES COUNTING, VARIANT I

Background
WAVE-(A) OF AN INVERTED H&S PATTERN COMPLETE AROUND 1.2450

WAVE-(B) OF AN INVERTED H&S PATTERN COMPLETE AROUND 1.5150

WAVE-(C) OF AN INVERTED H&S PATTERN COMPLETE AROUND 1.1880

WAVE-(D) OF AN INVERTED H&S PATTERN COMPLETE AROUND 1.4900

WAVE-(E) OF AN INVERTED H&S PATTERN IS CURRENTLY DEVELOPING

Week 03 - 2012 - EURUSD - WAVES COUNTING, VARIANT II

Background
WAVE-(A) OF A MULTIMONTH DIAGONAL TRIANGLE COMPLETE AROUND 1.2450

WAVE-(B) OF A MULTIMONTH DIAGONAL TRIANGLE COMPLETE AROUND 1.5150

WAVE-(C) OF A MULTIMONTH DIAGONAL TRIANGLE COMPLETE AROUND 1.1880

WAVE-(D) OF A MULTIMONTH DIAGONAL TRIANGLE COMPLETE AROUND 1.4900

WAVE-(E) OF A MULTIMONTH DIAGONAL IS CURRENTLY DEVELOPING.

IT WILL BE MORE COMPLEX WAVE-(E) AS TRIPLE FLAT OR COMBINATION PATTERN.

Week 03 / 2012 - DJIA - WAVES COUNTING, VARIANT I

Background
THE RENEWED COUNTING SUGGEST THERE IS HUGE HEAD&SHOULDERS PATTERN FORMING ON THE HORIZON, BEST SEEN ON MONTHLY BASIS.

TO CLARIFY THE SITUATION:

BEGINNING OF WAVE-(A) OF THE HEAD&SHOULDERS PATTERN STARTED IN YEAR 2000 FROM AROUND 11700 LEVEL AND ENDED AT THE END OF YEAR 2002 AROUND 7200 LEVEL.

WAVE-(B) THE MORE PROLONGED WAVE STARTED AT THE END OF YEAR 2002 AND ENDED AT THE END OF YEAR 2007 AROUND 14200 LEVEL.

WAVE-(C) ENDED IN YEAR 2009 AROUND 6500 LEVEL.

WAVE-(D) ENDED THIS YEAR(2011) AROUND 12900 LEVEL.

WAVE-(E) IS IN TACT, DOWN FROM LEVEL 12900. IT WILL BE MORE COMPLEX FORMATION, SOMETHING LIKE DOUBLE OR TRIPLE FLAT OT COMBINATION PATTERN. WAVE-[A] BEEN FORMED AROUND 10500. CURRENTLY MAKING WAVE-[B].

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