Weekly Update

The market continues to give us more evidence that a psychological change in sentiment occurred on the September 6 New Moon.

click chart to enlarge
The 6 hr FX Weathervane chart shows the two sharp headwinds that occurred on Tuesday and Friday. I expect more volatility ahead.

click chart to enlarge
Liquidity is tightening and that development is bearish.

click chart to enlarge

click chart to enlarge

click chart to enlarge

click chart to enlarge

click chart to enlarge

click chart to enlarge

click chart to enlarge

click chart to enlarge

click chart to enlarge


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.