NVDA that looks toppy  - div on macd  and RSI  

pxd another oil stock 

ANOTHER OIL  STOCK PUMP  under 61 % fib with daily divergence and wedge - smaller time frame touching a res line 

NOV    another oil at it s 61 % fib  - at the demand zone and with possible  divergences on daily rsi and macd   

smaller time frame has a divergence and touching resistance line 

maybe this is one Matt might like, it's at the 61% fib   : )    - see also previous chart 

I like a lot your chart with the wedge . and yes you are right, 

it is so difficult to see the exact EW counting prior to the moves  - one is more wrong than right 

and yes I know about the stockchart situation and the problems this is causing you guys ! 

that 's why you both are doing a great job here !!!!!  and this case using UUP 

last note - if you re counting is right and the wedge stays as is , we should see a C wave up 

well your wave A which went up from early February to early March which "caused" a decline in the SPX at the same time 

We had a decline of about 390 points or 9 % ..........  

so if you re count  or either mine count is right, we could go higher in the spx for a couple days  this way the wedge plays out 

after that we get a nice decline ???

 - is it option expiry this week ? 

the previous chart I mailed yesterday  was a daily chart  from the last leg down , basically wave 5 

this chart  is a weekly chart and if this is correct we now have 5 waves down from the top from last September 

  where in UUP  we only have 3 waves ! -  which is also the reason I sent that message 

you know better than I do this makes a big different  - 

 if this is right and the dollar goes up we might see a leg down in stocks -  well that s what we saw last year anyway -  dollar up, stocks down 

we have a pos divergence in the histogram of the macd 

I didn't mention you were showing an EW count  !  actually I was  : ) 

bullish engulfing candle at the bottom 

Some analysts? which ones are you referring to ?

Hi Steve,  they always told me to use the original index rather than an ETf  like  - in this example -  UUP  

you ll see that in the index we are below the Feb low, where in UUP we are not !!   big difference if you try to map out the dollar Index with EW counts 

https://mcusercontent.com/6750faf5c6091bc898da154ff/files/bc56a117-255c-c56a-ee9e-928c8c11a239/AQR_Re_Emerging_Equities_March.pdf

you have a chart ? time frame ? thanx 

More coiling 

coiling 

Getting closer to a bottom 

last 2 candles looks like a bearish harami pattern 

The last 2 candles are also known as a piercing line candle pattern -  and could mean a reversal for the  USD ???  time will tell 

Australia on the other hand is looking strong - not far away from previuos tops