Fri May 6

EURUSD daily chart turns more bearish. The overdue dollar rally
gets closer.

USDCHF long 0.8742

XAGUSD long 36.1125 [closed 36.0568]

USDCHF long 0.8747 [closed 0.8741]

USDCAD short 0.9599 [closed 0.9615]

USDCHF long 0.8714 [closed 0.8781]

USDCAD short 0.9628 [closed 0.9630]

More sideways chop now.

EURUSD daily chart turns bearish and opposite for USD. The overdue
dollar rally approaches.

USDCHF long 0.8702 [closed 0.8719]

AUDJPY long 86.189 [closed 85.992]

USDCHF long 0.8705 [closed 0.8702]

EURUSD short 1.4763 [closed 1.4574]

AUDUSD short 1.0729 [closed 1.0644]


S&P500 weekly rising wedge pattern remains valid.

 

Mon April 25 ~
‘In response to readers who asked when will the correction commence.
It’s already started in my opinion and Wile E. Coyote is currently
suspended in mid air. If my analysis is correct, the ongoing sideways
chop will be followed by more selling pressure.’

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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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