Tues March 15



Preferred trends:
EURAUD ~ very bullish
AUDNZD ~ bearish

Needless to say, we revert to the overdue choppy USD rally.

After a choppy start, AUDNZD daily chart bearish signal returns.

‘I’m sticking with my Feb 22 call that the DOW top on Feb 18 2011
signals the end of the rally. The very overdue Wile E. Coyote
correction has arrived and a substantial leg down has begun’

EURAUD: I will be increasing longs as a good rally lies ahead.

‘A reminder that key global equity indexes remain very overextended
and as a result the overdue correction may be sudden’

AUDUSD primary uptrend looks over – last price 1.0074

USDNZD long 0.7383 [closed 0.7379]

EURAUD long 1.3847 [closed 1.3862]
Weekly chart still warns of good upside.


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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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