Fri Feb 4

S&P500 daily chart shows a megaphone wedge. A common
pattern in various markets these days which exemplifies current
market sentiment : a volatile battle between buyers and sellers
and only one side will win.

EURUSD megaphone top on the daily chart looks confirmed.
Last price 1.3553

As mentioned numerous times, EURO downside and USD upside
will keep recurring. Bring on the overdue US Dollar rally: i’m
getting tired of talking about it and regular readers of this blog
are probably equally tired of reading about it.

USDCHF long 0.9471

Actually EURCAD and EURSGD charts look more appealing than
EURUSD and after they have a bounce, I’ll look at some shorts.

USDCHF long 0.9423 [closed 0.9462]


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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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