Description
⋅ Improving but still below 55 wma. Needs to take over to think more confidently
Comment
⋅ Needless to say, BOE should act in Nov or be hawkish to act in Dec while ECB hesitant
Comment
⋅ Could a triangle be forming as Wave 4 of this initial upleg?
Comment
⋅ Positive morning here at critical level which could turn into important support
Comment
⋅ So making 5 waves up which implies that at min there is one more 5 wave up for a potential ABC