Christopher Carolan on Financial Markets & Lunar Cycles
What's in store for the week ahead.
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Stocks, Bonds, Metals, Commodities all down together. The Deflation Monster returns.
Markets kicked into deflation mode fairly quickly today.
Any rally attempt now is suspect.
Video commentary within for subscribers.
click chart to enlarge
As strong as today's rally was, it failed to break out above resistance.
Versus the euro, the dollar is expensive.
Here's a look at the daily and weekly charts heading into the new week.
Will today's reversal hold? I'm not so sure.