Market is in the process of “Impulse” (IM) 4th wave in the range of 1.5587 – 1.6347 by October 31st. Market move above 1.6750 signals that move down is done and longer term move up has started.
Impulse is a five wave pattern, where three waves (#1,3,5) are impulsive in nature and two waves (# 2,4) are corrective in nature.
British Pound, Forecasts | Lilianne | 
October 28, 2008 10:58 pm | 
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Market is in the process of “Impulse” (IM) 4th wave in the range of 1.2541 – 1.3017 between October 29th and November 4tth. Market move above 1.3350 signals that move down is done and longer term move up has started.
Impulse is a five wave pattern, where three waves (#1,3,5) are impulsive in nature and two waves (# 2,4) are corrective in nature.
Euro, Forecasts | Lilianne | 10:53 pm | Comments (0)
Crude oil market has currently two equally like scenarios:
A – Market is in the process of “Impulse” (IM) 5th wave in the range of 16.61 – 58.99 by November 11th. Market move above 76.00 makes scenario B more likely.
Impulse is a five wave pattern, where three waves (#1,3,5) are impulsive in nature and two waves (# 2,4) are corrective in nature.
B – Market is in the process of “Zig-Zag” (ZZ) 2nd wave in the range of 80.40 – 106.30 between November 3rd and January 2nd 2009. Market move below 60 makes scenario A more likely.
Zig-Zag is a three wave pattern, where first and last wave are impulsive in nature and second wave is corrective in nature.
Crude Oil, Forecasts | Lilianne | 10:48 pm | Comments (0)
Market is in the process of “Flat” (FL) 2nd wave in the range of 667.71 – 794.53 in next month of two. Market move above 900.00 signals that FL 2nd wave is complete and 3rd wave has started.
Flat is a three wave pattern, where 1st and 2nd wave are corrective in nature and 3rd, the last wave, impulsive in nature.
Forecasts, Gold | Lilianne | 10:16 pm | Comments (0)
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