USD chart suggests more retracement ahead. NZDUSD and AUDUSD bullish bias also suggests bullish for stocks. Gold and Silver daily chart begins downtrend on daily chart and significant correction still expected.
Equity sellers return so more buyers vs sellers market chop. USD strength is resuming. SP500 short 1,203.00
Dominant stock bears ignore overbought USD and FX market follows behind. So back to Nasdaq rising wedge scenario (chart at blog)
It's equity bullish after all - looks like we may be forming the RH shoulder ? for the big H/S. Last futs 1212.00
SP500 returns to bearish mode after bullish spike. Rising wedge scenario still applies. ALL MY TRADES ARE POSTED AT BLOG. http://stockmarket618.wordpress.com
Have you started posting screen shots or blotters of your trades yet? Cause without them...well...this is the internet you know.
Maybe it would help to just past from your blog... SP500 short 1208.75 NZDUSD short 0.8311 AUDUSD long 1.0365 [c 1.0368] EURSGD short 1.7098 [c 1.7099] EURUSD short 1.3809 [c 1.3819] SP500 short 1205.50 [c 1207.00] XAGUSD long 39.792 [c 40.096] EURUSD short 1.3847 [c 1.3812] SP500 short 1203.00 [c 1205.25]