Tues Oct 19

Today marks an important turning point for global markets and the
USD strength I warned about has arrived.
***
After weeks of overbought warnings, the XAUUSD daily chart has
gone bearish, suggesting an important top has occurred from it’s
parabolic run. More later when I get time.
***
After weeks of extreme overbought warnings, it seems the very
overextended DOW/SP500/EURUSD has begun it’s overdue
retracement. The only unknown variable is the ongoing risk of a
major news announcement altering the chart action like what
occurred in 2008.
***

DOW daily chart Tues Oct 19 mid session gives bearish warnings.
***
EURUSD 240 min chart confirms short signal and DOW/SP500
240 min chart gives further bearish warning.
***
EURUSD 240 min bearish signals strengthen and opposite for USD.
When I get confirmation i’ll be adding to my USD bullish postions.

OPEN TRADES:
USDHUF long 196.03
EURUSD short 1.3903

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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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