Tues Dec 28

USDCHF weekly chart shows a possible head and shoulders
which is a bearish pattern when confirmed.
An interesting site I just found ~
S&P500 Financial Sentiment Monitoring:


DOW 4 hr chart above shows possible rising wedge: a bearish pattern when confirmed.
DOW/SP500 daily chart remains overbought and overextended.
As mentioned, although market intervention has delayed the much
needed correction it can not stop it. Reminiscent of 2007/2008 the
more overextended the market becomes – the more pronounced
the overdue correction will be.
The tortuous EURUSD and USD short term charts continue to
fluctuate in direction. EURUSD daily chart gives bullish warnings.
Weekly chart is neutral and tracking sideways. Monthly chart is
tracking sideways and continues to give bearish warnings.
Vice versa for USD.
AUDEUR short 0.7617
AUDGBP short 0.6497 [closed 0.6509]


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

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