DislikedImmediate range aprox. something between 1.2069 area and 1.2035 / 29 on the downside at first. As I do not expect big things from here. A downside retrace I would like to suppose...Ignored
Calculation on a weekly basis show me a certain possibility - that we are in a status or situation - that can be described with the PAROLE Emil "prior to an end of trend potential - imminent end of bearish move potential".
Why ? Well - we have seen an important Elliott key being hit near two reversal points at 1.1861 and 1.1822 zone.
Weekly downside potential is weakening now...
:-)
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts