Judging by the DXY the big boys are confused too for quite some time.
Early morning i revise my Spx counting, post Boj, since yesterday i was expecting Boj to hike today which could impact the Yen carry trade. I revised the SPX counting, take some ...
GU's possible target for today is as far as at 261.8% weekly range extension @1.3410 image Keep levels from the weekly chart in mind (1.3448). Updated weekly chart. image
Fardeen, I don't know if I have the correct chart but if I do watch out b/c the swing high was taken out with the gap. The PA around this SH is the key.
All went well. I was checking the swing 3 to 4 and came up with the second scenario just to remind myself that another option is possible.