Thurs Feb 2


DOW daily chart diamond formation.
 
 

SP500 weekly chart megaphone pattern shows overextended price action
hanging in mid air. Chart also shows possible smaller megaphone and rising
wedge scenario. Megaphone patterns reflect an unstable market prone to
large swings in sentiment.

 

Overextended SP500/DOW daily charts break down further, warning of sell
off.

SP500 daily remains very overextended and prone to sell off.

EURAUD long 1.2274
NZDUSD short 0.8342
USDNOK long 5.8180

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