Euro Technical Outlook

Published September 3rd, 2008 - 06:58 GMT
Al Bawaba
Al Bawaba

This is our favored count, which we showed in last night’s Day Ahead and yesterday in the Elliott Wave forum.  A 5th wave terminal thrust may be complete below 1.44 and a bottom in place.



A bullish bias is warranted against the low.  Short term support is at 1.4440.  Extreme bearish sentiment favors a turn.