CFD Trading Report S&P500 Elliott Wave US dollar is lower across the board after a gap on Sunday against all FX major currencies. The S&P Futures also gaped higher for around 20 points from 1153 Friday close on news that IMF is preparing a EUR 600bln loan for Italy in case the country’s debt crisis worsens. We however warned on you already on Friday about potentially US dollar weakness when the S&P500 (cash market) moved into a wave three support zone. On the updated S&P Futures chart we can see that wave (iv) is now in process, which means that downside remains in play for this market, while prices trade below 1217 on a “daily close basis”. So once the S&P Futures will find a resistance in wave (iv) and will move lower into a wave (v), US dollar will continue higher! However, be patient for, cause thats still not the case!
Register
{#foreach $T.Years as year} <div class="year"> <div class="year_header"> <span>{$T.year.Year}</span> </div> <div class="year_months"> {#foreach $T.year.Months as month} <div class="month"> <a href="{$T.month.Url}" year="{$T.year.Year}" month="{$T.month.MonthN}">{$T.month.MonthName}</a> </div> {#/for} </div> </div> {#/for}
{#if $T.length == 0 && $P.root} <div class="no_cats"> <span>No Categories</span> </div> {#else} <ul class="cat_list" catId="{$P.parentId}"> {#foreach $T as cat} <li class="cat_item" order="{$T.cat.Order}" catId="{$T.cat.Id}"> {#if $P.select} <input class="cat_select" id="cat_cb_{$T.cat.Id}" name="cat_cb_{$T.cat.Id}" catId="{$T.cat.Id}" type="checkbox" /> <label for="cat_cb_{$T.cat.Id}">{$T.cat.Name}</label> {#else} <a href="{$T.cat.Url}" cat="{$T.cat.Name}" class='cat_link'>{$T.cat.Name}</a> {#/if} {#if $P.edit} <div class="cat_delete"> <a href="#" class="cmd_try_delete"><span>Delete</span></a> </div> <div class="cat_delete_confirm"> <span>Are you sure?</span> <a href="#" catId="{$T.cat.Id}" class="cmd_delete">Yes</a> <a href="#" class="cmd_delete_cancel">Cancel</a> </div> {#/if} {#if $P.edit && !$P.isRootBlog} <div class="cat_move"> <a href="#"><span>Move</span></a> </div> {#/if} <div class="cat_childs" parentId="{$T.cat.Id}"></div> </li> {#/for} </ul> {#/if}
<span>Parent category:</span> <select class="cs_blog_categories_list_dropdown"> <option value="-1">--</option> {#foreach $T as cat} <option value="{$T.cat.Id}">{$T.cat.Name}</option> {#/for} </select>