Fri Sept 16

Serious market dislocation continues and SP500 intra day returns to
bearish after bullish spike which then reversed. So back to Nasdaq
rising wedge scenario (chart below)

It’s equity bullish after all – looks like we may be forming the
RH shoulder ? for the big H/S. Last futs 1212.00

Dominant stock bears ignore overbought USD and FX market follows
behind. So back to Nasdaq rising wedge scenario (chart below)

Equity sellers return so buyers vs sellers battle and market
dislocation continues. USD strength is resuming.

SP500 short 1208.75
NZDUSD short 0.8311
AUDUSD long 1.0365 [c 1.0368]
EURSGD short 1.7098 [c 1.7099]
EURUSD short 1.3809 [c 1.3819]
SP500 short 1205.50 [c 1207.00]
XAGUSD long 39.792 [c 40.096]
EURUSD short 1.3847 [c 1.3812]
SP500 short 1203.00 [c 1205.25]

NZDUSD and AUDUSD bias reverts to sideways chop.
NZDUSD and AUDUSD bullish bias also suggests bullish for stocks.

NASDAQ 8 hour chart shows possible rising wedge.
But USD suggests more retracement ahead…

NZDUSD long 0.8247 [c 0.8251]
USDPLN short 3.1136 [c 3.1176]


I read comments but they're not published. Troll IPs are automatically trashed. [crinia AT gmail DOT com]

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