Tues Feb 28

FTSE weekly chart shows price converging towards triangle apex.

Once again USD selling is met with equity selling from overextended charts
which results in more market conflict. This conflict will lessen when stock
sell pressure increases.

USDX weekly chart bearish warning returns.
Dollar selling supports stocks/gold/silver etc
FX / equity dislocation continues.

Critical Mass:
The Mispricing of Derivatives Risk And How the Financial World Ends

Renewed USD selling supports stocks yet again and distorts FX signals.
As mentioned, ongoing USD suppression just ensures the next equity crash
is severe.

NZDJPY daily bearish warning.
XAUJPY daily bearish warning.
AUDJPY daily bearish warning.

NZDUSD short 0.8401
USDJPY short 80.637 [c 80.620]


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

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: