Here is a quick update on the Euro FX currency futures and the S&P500 emini. Please refer to the charts and analysis related to yesterday July 24th, 2013.
Euro FX currency futures
Euro price followed scenario 2 (broken red line) identified and anticipated yesterday Wednesday July 24th. Our method, seeking to model Program Trading activity, suggests now a continuation into the 1.3310, first target area, and 1.3480 second target area, maybe during or at the end of the coming week.
S&P500 emini futures
Price of S&P500 emini was picked by bulls before full retrace into 1,659. The first target in the 1,710 to 1,715 area is still active and our model suggests price could get there by the end of next week.
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