Sun July 18


As posted on Friday 16th, the counter trend rally has ended.
DOW expanding wedge on the weekly chart has morphed into
a triangle as prices converge. Initial target for the leg down
remains approx 8,300. As mentioned since last year, the March
2009 lows will not hold as long term trends remain bearish.
Other global equity indexes are similar.

EURUSD daily chart remains bullish. Weekly chart bullish warning
continues. Monthly remains bearish. Opposite applies for the USD
Index.

CRUDE OIL daily chart is neutral to bearish. Weekly chart remains
neutral. Monthly chart remains neutral.

COPPER daily chart is neutral. Weekly chart remains neutral.
Monthly chart remains neutral.

EURCAD bullish warnings mentioned since June 24 continue and
further upside is expected. Weekly chart is bullish to neutral.
Monthly chart is neutral. EURAUD is similar.

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I read comments but they're not published. Troll IPs are automatically trashed. [crinia AT gmail DOT com]

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