Market Outlook

Resumption of equity correction gains momentum. EURUSD downtrend
and USD uptrend on daily chart become more pronounced. Bring on
the overdue dollar rally...

BLACK SWAN chart available for viewing at my blog....
 
Resumption of equity correction expected to continue. Choppy EURUSD downtrend and USD uptrend on daily chart expected to continue.

EURSEK uptrend strengthens and significant upside expected.
 
Despite the recurring DOW/S&P500 buy support, sellers keep
appearing and bearish daily and weekly charts slowly gain strength.
Signals are now mixed and the rally I was expecting is looking
undecided.

Unfortunately the delayed / slowed down correction that started
months ago will probably result in a sudden sell off similar to 2008.

Or worse than 2008 ...
 
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