S&P500, German DAX and USDNOK Intra-day Updates

Intermediate

E-mini SP500 futures are slightly turning down at the start of the US sessions, but may not be nothing exciting ahead of the FOMC decisions when real bears may show up if our technical view is correct. German Dax can be in similar path.

S&P500, 1h

S&P 500

German DAX, 1h

DAX

USDNOK remains trapped in consolidation; looking for higher wave b/two still, towards ideal 9.04/9.06 resistance level. H&S suggests the same thing; fall after a completion of a right shoulder.

USDNOK, 4h

USDNOK

Elliot Wave Technical Analyst

Gregor Horvat is based in Slovenia and has been in the Forex market since 2003. He has been working for Capital Forex Group and TheLFB.com.

He is the owner of www.ew-forecast.com, which p... Continued

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