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Ichimoku Cloud
Posted: Wed Jun 06, 2012 7:46 pm
by TraderGirl
Just noticing the Ichimoku cloud...last two corrections we had a rebound up to the top of the red cloud before a new low, currently that level is around 1345 or 1360 which is 61.8% retracement for the entire wave 3 or C from 1415 to 1266...
A pullback at some point is most likely due before another attempt....IMV
Re: Ichimoku Cloud
Posted: Wed Jun 06, 2012 8:03 pm
by Cobra
TraderGirl wrote:Just noticing the Ichimoku cloud...last two corrections we had a rebound up to the top of the red cloud before a new low, currently that level is around 1345 or 1360 which is 61.8% retracement for the entire wave 3 or C from 1415 to 1266...
A pullback at some point is most likely due before another attempt....IMV
Hmm, nice, thanks for reminding us. Bulls still have long way to go...
Re: Ichimoku Cloud
Posted: Wed Jun 06, 2012 9:19 pm
by xfradnex
