Wed March 28

I still expect gold & silver to follow stocks down.

USDX strength is slowly returning and this will be evident once SPX rolls
over within a week I think. Yes it’s dragged on longer than I expected
but the next equity down leg can not be prevented. Guaranteed.

GBPUSD daily chart shows choppy megaphone – looks bearish.

USDCAD daily chart uptrend continues to develop.

Despite short cover spikes, indices remain very overextended with risk of
waterfall sell off.

Daily chart good trends:

As before, sellers return after SPX short covering rally yesterday.



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: Logo

You are commenting using your 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 )

Google+ photo

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

Connecting to %s

%d bloggers like this: