Fri Feb 25

EURUSD long 1.3746 [closed 1.3750]

AUDJPY long 82.983 [closed 82.964]

USDCHF long 0.9308 [closed 0.9305]

EURUSD short 1.3744 [closed 1.3747]

AUDUSD long 1.0105 [closed 1.0143]

A reminder that USD strength should increase once the equity correction gathers momentum.

Just looked at a NETFLIX weekly chart and I see it’s gone parabolic, so a major retracement is expected.

EURNZD short 1.8411 [closed 1.8414]

EURSGD long 1.7599 [closed 1.7645]

I’m sticking to my Feb 22nd call that 12,391 was the top on Feb 18 2011 and marks the end of the rally.

 

S&P500 weekly chart with updated rising wedge.

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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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