Jackson Hole intra day cycle reverts to bearish after spike.
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Market Outlook
- Thread starter GrandSupercycle
- Start date
USD selling returns which may be equity bullish.
Markets remain choppy.
More frequent updates at blog - stockmarket618.wordpress.com
Markets remain choppy.
More frequent updates at blog - stockmarket618.wordpress.com
USD selling pressure continues which will support stocks and EURUSD
AUDUSD etc.
AUDUSD etc.
Europe/UK stocks are ignoring USD selling and no consensus yet again.
Choppy market dislocation.
More updates at blog - stockmarket618.wordpress.com
Choppy market dislocation.
More updates at blog - stockmarket618.wordpress.com
Mixed consensus atm but bigger picture remains bearish of course and this will ALWAYS exert the most influence.
Substantial USD sell pressure and EURUSD buy support detected maybe in anticipation of ECB tomorrow ? This recurring dollar selling should be bullish stocks. SP500 index last 11,209
As suggested on Friday, we got some USD selling / EURUSD support
today but it's weakened for now. SP500 intra day trend is currently
sideways. Daily and weekly trends remain bearish.
today but it's weakened for now. SP500 intra day trend is currently
sideways. Daily and weekly trends remain bearish.
Indecisive USDJPY reverts to choppy basing on daily chart.
After the protracted basing, USDCHF bullish outlook continues and
further upside expected.
After the protracted basing, USDCHF bullish outlook continues and
further upside expected.
SP500 intra day chart gives bearish warning after latest counter
trend short covering rally. Daily and weekly charts remain bearish.
trend short covering rally. Daily and weekly charts remain bearish.
Recurring equity buy support strengthens further so more short
covering rallies this week probable.
covering rallies this week probable.