Thurs Jan 19


FTSE bearish monthly chart as of Jan 18 2012. Highlighted area shows
possible head and shoulders pattern. Position of arrow is approximate only.

 
 

DOW weekly updated megaphone pattern with possible diamond
formation.

 

Severely overextended SP500 still leads the pack and it really wants
to rollover.

Overextended SP500 still leads the pack and other markets follow.

All that very protracted basing results in USDJPY daily now choppy bullish.
Larger time frames not bullish.

USDX daily chart remains bearish.
Weekly is neutral / bullish.
Monthly is bullish.

Out of sync trends such as USDX ,EURUSD, SP500 etc are caused by lack of
market consensus and can produce choppy volatile price action.

GBPAUD daily chart gives bullish warning.
EURAUD uptrend on daily chart continues and further upside expected.

AUDEUR short 0.8101

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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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