Wednesday, January 6, 2010 Visit us at: NEoWave.com Edited by Glenn Neely President NEoWave, Inc. Information contained herein is believed to be reliable, but the publisher cannot be held liable for errors or omissions. No specific advice can EURO be construed from the following. The reader is solely responsible for all action taken. DAILY Plot (released mid-day on M-W-F) Symbol EC or FXE HOURLY Trades (for Futures markets) The Euro continues to closely track the red-dashed projection line placed there many weeks ago. Unfortunately, that fact does not provide us with any concrete trading parameters. Neely River is also not suggesting any possible entries, but it does indicate the current trend is up. Since that conflicts with an ongoing a-wave, let’s stay out. Current STOP: Current Risk: DAILY Trades (for Futures markets) * No change since last update * On the chart I assume wave-D will form a Flat. That is based on the rule of alternation and making sure wave-D is different from wave-B in structure, price, time, complexity, etc. The red- dashed line considers all requirements and suggests wave-D will become a Flat in which the current move is just wave-a of that Flat. Stay out. Current STOP: Current Risk: WEEKLY Trades (for the FXE ETF) * No change since last update * If the Euro continues lower the net week or two, there is a chance we will Current EURO Positions NEELY RIVER Technology have a low-risk, buying opportunity in the 1.3800 range. It is premature to Hourly Hourly BULLISH enter orders based on that assumption, Futures Futures Perspective May Change at 1.4255 Mar. but given another week or two, we Daily Daily NEUTRAL might have reason to try. Stay out. Futures Futures Perspective May Change at 1.4656 Mar. Current STOP: Weekly Weekly NEUTRAL ETF ETF Perspective May Change at 145.70 FXE Current Risk: NEoWave, Inc. NEoWave Trading is transmitted every Monday, Wednesday NEoWave is Glenn Neely’s scientific enhancement of R.N. 65 Enterprise, and Friday (except national holidays and designated NWi Elliott’s famous Wave principle. Through the application of Alliso Viejo, California, 92656 (USA) vacation days). It provides specific advice on either the S&P, special plotting techniques, logical concepts and pattern Gold, T-Notes or Euro Currency. We also offer the NEoWave limits, NEoWave has become the only self-confirming Toll Free: (800)-NEO-WAVE Local: (949) 480-7401 Chart service, the highly acclaimed book Mastering Elliott Wave market analysis technology in the world. All services employ Email: firstname.lastname@example.org and a comprehensive, one-on-one Real-Time Trading course. this technology. Copyright Jan-10 NEoWave, Inc.