\n\tFNArena has added another video to its Investors Education section on the website. In this broadcast ATW's Jerry Simmons analyses silver and the euro and comes to remarkably similar (potential) scenarios. Silver's price performance has been nothing short of stunning, but analysis by Simmons suggests a brick-wall of resistance is looming. And the same seems to apply to the euro.<\/p>\n
\n\tAmong the matters included in the video broadcast are:<\/p>\n
\n\t– Potential completion of a Five Wave move (Elliott Wave) in Silver is examined … Specific levels are given to demonstrate steps in the reversal confirmation sequence<\/p>\n
\n\t– A comprehensive analysis of Silver is done revealing a Major Resistance Zone at 41.50 – 43.50 projecting the potential for a significant correction … A weekly reversal breakout (RBO) is needed for reversal confirmation<\/p>\n
\n\t– Volatility compression patterns are explored with current examples covered to show how the odds now favor a period of volatility expansion and range expansion<\/p>\n
\n\t– A comprehensive analysis of the EURUSD is done revealing a Major Resistance Zone at 1.45 – 1.46 projecting the potential for a correction<\/p>\n
\n\t– The US Dollar Index is examined to reveal a potential double bottom is forming at the intersection of a key trend line and major pivot low in the 75.00 – 75.50 area … Key reversal confirmation levels are identified at .7525 and .7565<\/p>\n
\n\tAn interesting Price Action Profile (PAP) study is covered showing an eighty percent (80%) probability of getting a weekly Up Close going into Options Expiration in April (4\/15\/2011) using data in the Dow Jones Industrial Average since 1981<\/p>\n