In my last commentary I noted that the Euro could bounce. The Dollar has just broken significant support as I write. I have short EURUSD positions remaining, but I'm strongly hedged with a DXY short.
I'm also long Gold and Silver, as a counter-trend short Dollar play.
I also noted that political confusion concerning Trump could make the US markets 'choppy' - ...
Diamond pattern nearing completion. A break in price down could mean a half staff pattern, with the second leg the same length of the first. Yearly and monthly pivots below provide strong support and price target at 23100 area.
Break up could be a price trend reversal to the monthly R1 at 25100.
Panic and doom are transformed overnight by relief, hope and greed - in what is widely known as the biggest Ponzi scheme in the history of the world. Google and YouTube are your friends.
This is not a prediction - it is an expectation based on hard facts that are out there.
Yes - the markets are always right as I hold no power over the future. But there is a ...