Tag Archives: correction

GBPUSD update

Posted on September 4, 2011 by Ramki

The Pound has finished a five wave move from 1.4235 to 1.6720. Hence, we will be looking for a correction that is bigger than either of the two corrections seen during the 5 wave upmove. All corrections tend to be … Continue reading →

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Posted in GBP | Tagged , , | 3 Comments

S&P500 remains resilient

Posted on May 10, 2009 by Ramki

In recent updates I have called for the S&P500 index to remain well bid, warning we could see 937. That level is very close, and not far from another resistance at 943. I continue to remain positive in the very near term for the market Continue reading →

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Posted in S&P500 | Tagged , , , , , , , , | 2 Comments