Thurs Feb 16

AAPL monthly chart warning as of Feb 5

SP500 buy support returns resulting in another short covering rally.
Substantial USD selling detected which supports stocks.

GBPNZD daily chart gives bullish warning.
GBPEUR daily / weekly / monthly are bullish ~ substantial rally awaits.

SP500 overextended daily chart continues to break down with risk of
waterfall sell off.
Gold / Silver / EURUSD bearish intra day bias strengthens.
USDX bullish intra day bias strengthens.

Despite Greece hopium spikes, SP500/DOW/NASDAQ overextended daily charts
continue to break down and risk of waterfall sell off continues. SP500/DOW/
NASDAQ continues to lead with other markets following. It has taken longer than
expected to sell off but is getting closer. When equity selling momentum does
strengthen, FX signals will be more reliable.

Gold / Silver intra bias still bearish and will follow stocks as usual.
USDX intra bias still bullish.

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.

USDPLN long 3.2112 [c 3.2432]
XAUUSD short 1731.27 [c 1720.05]


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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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