Barron’s cover as of Feb 13 2012 may be interpreted as a contrarian indicator.
SP500 etc still leading the pack with FX following behind.
So just need to wait for stock selling momentum to increase and then
FX signals will be more reliable. USDX bearish weekly warning should be
invalidated once equity sell off starts.
Better consensus as SP500 breaks down further now that LTRO is over for
now.
USDJPY bearish intra signal no good as daily and weekly are too bullish.
Gold / Silver bearish daily chart warnings strengthen further and enable
overdue leg down.
NZDCAD bearish daily confirmed.
USDX weekly chart bearish warning returns. If confirmed, should be stock
bullish despite SP500 overextension.
Hopefully FX / S&P500 consensus will improve after LTRO release.
USDX / EURUSD / S&P500 ongoing vacillation continues.
USDJPY short 80.361
NZDUSD short 0.8401 [c 0.8418]
