The Euro has firmly closed above the wedge highs after some VERY bullish news this morning forcing the Euro higher. Now that we have closed above the wedge high and are currently, once again, expanding the highs, I am looking to sell this down for a retest in the short term but overall still looking firmly long higher up as we continue to expand the highs.
Gold has firmly closed above the wedge highs on VERY bullish news this morning. Now that we have the close above the wedge and we are in a sell zone I am looking to go short in the short term down for a retest of the wedge high. Overall I am still looking long as we continue to expand the wedge highs and keep moving higher up. The next target above will be around 1339.7 and up.
The Russell has FINALLY gave us a confirming swing high up at 1116.2 for the wedge high to anchor on. Now that we have that, the Russell pushed down to the wedge lows. I am looking to buy this market higher to the swing at 1116.2 as well as higher to the wedge highs for a confirming retest. If we push higher, we will continue long as we continue to expand the wedge highs.