Jun 22, 2015


A lot of euphoria especially in Europe, but if you look at the chart nothing has changed..... the move consists of three waves so far and exactly the same picture in Europe for DAX,CAC,EUROSTOXX50 three waves higher with a=c even with the huge moves today.

If the indexes do not blast higher again tomorrow to mutate the "c" wave into "3" and clear the MACD/RSI divergence, we will end with a lot of euphoria and just corrective move higher.

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