This thread is not in the Elite section. I did that on purpose when I started it. I felt that non-elite members ought to be able to be part of threads they have interest in, but if Mike wants to limit webinars to Elite members that is his choice.
Here are some updated charts of the 5 markets I have posted on in the past.
I'm not real clear on anything, to be hones. Beans started to play out as I had thought and then the breaks went on. Not sure about it now.
The euro has me thinking. That may be a bad idea. It looks bearish and everything we hear from the fundamental side of things has us thinking it should fall out of bed, but its having a tough time continuing to the down side. At least for the time being.
Gold. I had a trade on and it didn't pan out. Well, it did, but I was not willing to risk the amount needed to be in the trade. Not sure that gold is done, but for now there seems to be downward bias.
Oil. I had talked about a possible rising wedge. I'm not sure of the implications of that. CL did hit resistance on WED and we saw an upthrust on Thursday with some heavy selling. The lower trend line of the wedge appears to have broken. Volume was high as well.
ES broke out of an Apex, but found support at the 1208 area. Is it going to spring or continue lower? I don't know.
I thought Id look at a different market to see if something is clearer. I took a look at the Aussie dollar. I'm thinking a long is setting up it it plays out. Need to wait on price action to prove it. I will try and keep updated.
Some other markets. The Franc and Peso have a similar pattern, but the Peso's seems to have played out further along than the Franc. I don't want to call anything a prediction or bias for obvious reasons, but the Franc could have a similar potential. Maybe :-)