As one of the alternatives structures I pointed out the 1.5920 resistance that would imply a return to the 1.5667 area. Well, that was seen almost pip-perfect. It was a corrective pattern and therefore the implication should be for further gains. There is close resistance at 1.5750 and as long
The Daily Forecaster: GBPUSD
The Daily Wave Analysis
Presumably, the price finishes a Flat of a correctional wave iv of (v) of [c] or only its first part. But anyhow, it will be soon possible to expect renewal of falling of pair, the structure of this movement at smaller level will help to identify it.
Options Action: Trading Tech
[at CNBC] – Technology stocks soared in September and assuming the trend will continue, options trader Brian Stutland explains how to play the space on the cheap.
US SMALL/MIDCAPS-Indexes rack up best quarter in a year
[at Reuters] – Midcap shares rose on Thursday to finish the strong month and quarter on a positive note, helped by news of a $2.2 billion contract for Covance.
Options Action: Trading Tech
[at CNBC] – Technology stocks soared in September and assuming the trend will continue, options trader Brian Stutland explains how to play the space on the cheap.
Dow Slips 47.23, Closing Strong September
[at The Wall Street Journal] – Dow Rises 7.7% in September The Dow industrials fell 47.23 points, or 0.4%, to 10788.05 on the final day of September, a period in which blue chips rose 7.7%. The measure rose 10.4% in the third quarter.
US SMALL/MIDCAPS-Indexes rack up best quarter in a year
[at Reuters] – Midcap shares rose on Thursday to finish the strong month and quarter on a positive note, helped by news of a $2.2 billion contract for Covance.
Summary Box: Best September for Dow since 1939
[AP] – TRAILING OFF: The Dow Jones industrial average fell 47 points on Thursday, but still closed out its best September in 71 years with a gain of 7.7 percent.