Analog Update Part II: Jul 20, 2015

Quick update on the overnight action before the update continues from Friday:

ES completed its Bat Pattern at 2122.63 and officially paid off our IH&S that completed last Monday…2015-07-21 ES daily 0600…thanks largely to USDJPY which, from all appearances, has settled above the red channel midline.2015-07-21 USDJPY daily 0600EURUSD stabilized over the weekend, though we’re probably no more than a day or two from our downside target.2015-07-21 EURUSD daily 0600With the yen and euro both settling lower, the dollar continues to show strength.  It’s a good place to pick up on the short-term and intermediate forecast.

2015-07-21 DX daily 0600continued for members


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