Tues May 1

Market dislocation continues as USD strengthens after ISM report &
EURUSD weekly chart reverts to neutral.

GBPUSD daily chart commences downtrend.

AUDUSD bearish warning from yesterday confirmed.

Serious market dislocation & lack of consensus continues.
Despite QE3 rumours, Spain etc – further equity upside looks unlikely
as of yesterday when Europe & UK sold off.
However, EURUSD weekly chart still gives mild bullish warning which
conflicts with the bearish equity outlook.


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

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