Sive Morten
Special Consultant to the FPA
- Messages
- 18,760
Good morning,
market has shown upward breakout and hit daily overbought. Today probably we could see some relax and minor bounce down to 1345-1350 area. Also, guys, I've mentioned butterfly on 4-hour chart, but it is not strictly a butterfly by it's shape. So, do not take into consideration this pattern:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
market has shown upward breakout and hit daily overbought. Today probably we could see some relax and minor bounce down to 1345-1350 area. Also, guys, I've mentioned butterfly on 4-hour chart, but it is not strictly a butterfly by it's shape. So, do not take into consideration this pattern:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
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