Mar 23, 2014
I am very busy and I have no time and energy to write something. That is why there were no update last week, this week and probably I will skip the next one too.... not sure for now. That is why only a short update, nothing dramatically is happening anyway:))) I do not think that we will see an important reversal as often happens in March. As I wrote two weeks ago I see a correction and nothing more. What happened - we saw one week choppy move lower and one week 3 waves corrective move higher. I think now it is time for the next wave lower from the correction and the reversal from Friday confirms it. Potential targets 1830-1835 and the 1800-1810 area.