by Admin | Aug 8, 2017 | Day ahead
Today probably the same as yesterday. A mild positive bias in the equity indices. Still looking for a poke over the next trend line in crude. Nothing new to say about DX. Contrary to popular opinion I think a major low is near but I acknowledge that it is not yet out of danger. Euro under 1.1700 is the main support zone that needs to fail for confirmation of the ship turning.
by Admin | Aug 7, 2017 | Currencies, PremiumThis is a post to consolidate the various Euro oriented charts that I have been working on over the last week or so. The main hypothesis is that this is a wave (iv) that is nearly complete. In this case, the Euro ETF (FXE) has better looking geometry since prices are...
by Admin | Aug 7, 2017 | Currencies, ETFs, Public
The Euro ETF has moved a bit higher than we anticipated in our June 16 post, but bears have a strong chance of countering the rally and taking price to new lows.
by Admin | Aug 7, 2017 | Day ahead
The NFP last Friday didn’t disturb the equity market by much. Still coiled looking to break, probably up.
by Admin | Aug 4, 2017 | Day aheadEquity indices didn't move much on the NFP number. I don't have a strong preference for direction today. Market is coiled up for a break up or down. Crude fell back to test support again. Still think they should take another swing at the overhead trend line. The DX...