Mon Nov 1

EURUSD short @ 1.3934

Been away from charts again and I see that EURUSD is tracking
sideways. Uncertainty and lack of market consensus dominates
yet again.

DOW/S&P500 etc daily charts remain very overextended.
When you stretch an elastic band too far – what happens ?
Pent up energy is suddenly released (the crash in late 2008 is
a good example)

Advertisements

Tags: , , , , , , , , , , , , , , ,

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

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: