2016 Yearly outlook Bearish : Wave count on yearly interval cannot be determined and both bullish and bearish counts are shown - insufficient data. This is a very long term issue and is irrelevant unless you want to buy a house or invest in a business! The multi generational trend will only be known when either the Y down sloping MLU, or the up sloping Y MFML to Q1 MLL is broken to test the bear confirmation at 0.478 . This could take to 2033!
Support stands at 0.671 / 0.636 / 0.608 / 0.575 Resistance starts at 0.767 / 0.789 / 0.846
Ideal wave bottom is shown and projected for 2017 at 0.555.
Quarterly Outlook Q1 and Q2 2016.... working on it 🙂