Wed Sept 19

NYMEX CRUDE daily chart rising wedge in progress (ie bearish)

EURJPY daily chart downtrend strengthens & more expected.

AAPL weekly & monthly overextended parabolic charts are at EXTREME
levels. This will end in tears and naive longs will be badly burnt.

Yikes ~ the bungee cord is now dangerously over stretched with
risk of WILE E. COYOTE equity sell off. This is serious.

EURUSD daily chart begins [very overdue] down leg at last.

Despite ongoing equity support & USD suppression, natural market
forces will always return – eventually.
Significant equity & commodity sell off should be this week.

PLATINUM daily chart downtrend strengthens from very overexended
level so good downside expected.

COFFEE daily chart downtrend strengthens.

All these daily charts are extremely overextended after last week
& good retracement expected very soon ~ SPX, NZDUSD, GBPUSD,
COPPER, GOLD, SILVER.

Advertisements

Tags: , ,

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 )

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: