Market Outlook

Yes, that 1% bounce up on the S&P pre-market trading a few moments ago is INCREDIBLY BEEEEEEEEEEAAAAAARISH!

 

And StupidCycle continues to show his value in contrarian indication.

 

USDX bullish weekly chart influence returns.

USDCHF intra bullish signal.

Previously mentioned EURUSD downtrend resumption gathers momentum.

 

Are you taking credit for the healthy US payroll report? Another BEEEEEEEAAAAAARISH indicator, eh?

 

but the EURAUD one .. not so much. Still, one of them was bound to work out eh?

 

XAUUSD bearish signal...

' but the EURAUD one .. not so much. Still, one of them was bound to work out eh ? ' YEP AND THAT'S WHAT STOPS ARE FOR ...

 

You stupid, FORK! I have been trading the XAUUSD BEAR since 4:30AM EST. You missed the call on that one by 5 frigging hours!!!!!!!!!!!!!!!!!!!!!!!!

 

Seriously...I could show you countless charts that show MONTHLY, WEEKLY, DAILY all BULLISH. In fact here is a simple yet effective EMA crossover I use for MONTHLY charts that has been EXTREMELY relaible over the last 20 years. Have you been this accurate? Notice the SELL signal in 8-2011 and the BUY signal in December 2011.

I realize the month just started but to say it is bearish is just plain stupid.

 

EURUSD downtrend momentum increases.


bhardy307,
You are confused.
I am referring to the next leg down, not a short term trade.
XAUUSD short 1753.09

 

Interesting, thanks. Your indicators worked great on this chart - is it that good over the last 20 years ?