Tues Jan 17

Reminder that SP500 monthly chart continues to give bearish warnings
and USDX monthly chart continues to give bullish warnings. This big
picture outlook will not change.

SP500 / DOW is leading other markets and serious OVEREXTENSION
is a warning for longs. So despite conflicting market signals – stock sell
off still expected.

Equity sellers return once again.

The very overextended SP500 chart is more influential today.

Conflicting EURUSD/USDX/equities direction agains warns of an unstable market.

Market dislocation returns and European equity sellers cause USDX strength again.

USDX daily chart begins downtrend however USDX monthly chart will remain
bullish – continuing to warn of eventual major USDX rally.

Vacillating market consensus continues and USDX daily chart gives bearish
warning. Further USDX weakness and equity / EURUSD strength expected.

More USDX weakness and stock strength expected.

EURUSD bullish signal continues.

USDCAD long 1.0149
USDPLN short 3.4347 [c 3.4204]


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

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