Market Outlook

AAII INVESTOR SURVEY
http://ycharts.com/indicators/investor_sentiment_bearish

 

A value added post. This is a bullish indicator, no?

 

EURAUD daily chart uptrend commences.

 

USDX daily chart chart reverts to bearish chop which is stock bullish.

 

EURAUD daily chart uptrend continues and further upside expected.

 

Jan 19 2012

JOE,
WHY HAVE YOU REFUSED TO PROVIDE AN EXPLANATION ?
I ASK YET AGAIN:
WHY WERE THESE TWO IMAGES DELETED FROM A THREAD ?
THEY ARE SCREENSHOTS FROM THIS FORUM
AND WHY WAS ANOTHER THREAD ASKING FOR AN EXPLANATION ALSO DELETED ?
WHY THE CENSORSHIP ?

Nine_Ender Allegation 1
http://www.elitetrader.com/vb/attachment.php?s=&postid=3415629

Nine_Ender Allegation 2
http://www.elitetrader.com/vb/attachment.php?s=&postid=3415634

Forums ›› Main ›› Trading ›› Deleted Images
http://www.elitetrader.com/vb/showthread.php?s=&threadid=234840

FURTHER INFO
Forums ›› Main ›› Trading ›› *Nine Ender Exposed*
http://www.elitetrader.com/vb/showthread.php?s=&postid=3417005
Forums ›› Main ›› Trading ›› Deleted Images 2
http://www.elitetrader.com/vb/showthread.php?s=&threadid=234847

 

USDX daily chart remains bearish.
Weekly is neutral / bullish.
Monthly is bullish.

Out of sync trends such as USDX ,EURUSD, SP500 etc are caused by lack of market consensus and can produce choppy volatile price action.

 

Reminder ~ EURUSD weekly possible falling wedge.
http://stockmarket618.files.wordpress.com/2012/01/2012-01-18_eurusd_wk.png

 

Bearish Gold and Silver today suggests bearish SP500.

 

Overextended SP500 still leads the pack and other markets follow.