Mon July 16

USDMXN daily chart resumes downrend.

Is the market anticipating QE3 ?
SPX 8 hour chart shows possible inverted H&S (ie bullish when confirmed)

EURSEK daily chart bullish warning.

GBPAUD daily chart bullish warning.

USDX daily chart still wants to retrace.

Market reverts to indecisive vacillation ie no consensus.
SPX / DOW weekly chart bearish warning returns and continues to conflict
with overbought USDX daily and weekly chart.
Hopefully Bernanke testimony this week regarding QE3 may resolve this.

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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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