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If the VXX can break $18.49 with volume...


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#11 Geomean

Geomean

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Posted 13 April 2017 - 11:07 AM

 


Today was full blown hysterical, especially with that last minute stinger from Trump with his comments on the dollar.

 

Would not be surprised if trump nailed a swing low in Dollar with that comment.. USDJPY with long pull back to 200 day MA here, and would be perfect place to reverse it.

Back above 110 would probably mean swing low is in....

 

Just finished review of the USDJPY chart re possible long entry.  It's on TDSEQ Combo11, and could hit 12 today in the daily.  The TDSEQ is on an 11 of 13 countdown per Perl's settings, and a 5 of a countdown in the fully qualified version in the daily.  My guess is that the Combo will hit the low.  This counts well as a C wave and it's very hard to make out 5 waves down from the 3/13 b wave high.  This retrace today would count well as iv of v of a C.   A=C @108.225 so I'm waiting.  Hurst experts suggest this down coincides with a 40 week low, so hitting this bottom should be a good trade, but it's a big window time wise. Seeing no evidence of accumulation here yet . 


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