USDX weekly chart bearish warning returns. Dollar selling supports stocks and gold. FX / equity dislocation continues.
Once again USD selling is met with equity selling from overextended charts which results in more market conflict. This conflict will lessen when stock sell pressure increases. [Reminder that SP500 monthly chart continues to give bearish warning and USDX monthly chart continues to give bullish warning. This big picture outlook will not change]
Thanks for the reminder. I'd forgotten all about your bearish outlook. It's been so long since you mentioned it.
Despite recurring USDX sell pressure, SP500 daily chart remains overextended with waterfall sell off risk. [euclid it's a pity you're a dollar bear]
USDX / EURUSD / SP500 vacillation continues. USDJPY bearish bias returns and further downside expected.
Right now, the equity markets are perfectly content to make an embarrassing fool out of the psychotic posts for Grand Super Cycle. For months on end, apparently. Something about a reverse waterfall megaphone. Once GSC has his nervous breakdown and quits posting, the market will go down. Problem is, narcissistic delusionalists are very persistent. Kinda like this market it would seem.
Why are the Nine_Ender, bc1, TILT2, newwurldmn sockpuppets so quiet ? GSC: Why no kudos to my ES 1370 target prediction when you were busy shorting 1322 ?
SP500 etc still leading the pack with FX following behind. Better consensus as SP500 breaks down further now that LTRO is over for now. NZDCAD bearish daily confirmed. USDJPY bearish intra signal no good as daily and weekly are too bullish. Gold / Silver bearish daily chart warnings strengthen further and enable overdue leg down.