Tues Aug 2

Commentators and economists who keep referring to the ‘economic recovery’ and to the GFC in the past tense – will be proven wrong. Unfortunately the charts indicate GFC 2 will be worse ~ Tues June 14, 2011 – 12:55 pm UTC

Key equity index daily and weekly chart bearish warnings strengthen.

USDSEK long 6.3713
USDCAD long 0.9583
AUDCAD short 1.0407  [c 1.0414]
AUDUSD short 1.0899
AUDCAD short 1.0448  [c 1.0416]
AUDJPY short 84.593 [c 84.322]

USD buying and EURUSD/equity sell pressure continues.

NZDCAD short 0.8366 [c 0.8374]
USDSEK  long  6.3082  [c 6.3293]

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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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