DOW daily chart megaphone pattern (looks bearish in this context)
SP500 downside and USDX upside expected this week.
SP500 480 min chart reverts to bearish.
USDX 480 min chart reverts to bullish/neutral.
SP500 480 min is extremely overextended.
Gold and Silver daily charts revert to bearish/neutral.
USDJPY / GBPJPY very protracted basing continues.
Significant upside expected eventually…
SP500, AUDUSD etc weakness returns.
Previous SP500 and AUDUSD upside targets not valid.
Bullish USD weekly chart continues to exert it’s influence
and according to my analysis this will continue.
USDNOK long 5.5180
XAGUSD short 34.251 [c 34.284]
XAUUSD short 1726.67
XAUUSD long 1723.95 [c 1724.45]
XAUUSD short 1724.37 [c 1725.00]
XAUUSD short 1724.20 [c 1725.60]
EURAUD long 1.3229 [c 1.3223]
XAUUSD long 1721.10 [c 1720.15]
USDCAD short 0.9986 [c 0.9970]
NZDUSD short 0.8200 [c 0.8116]
EURUSD short 1.4199 [c 1.4001]