The TellTale

I expect a rally next week. The health, or lack of, exhibited by the rally will be the telltale for what to expect in the remainder of October.

100116pump

click chart to enlarge

100116goldyen

click chart to enlarge

100116spxad

click chart to enlarge

1001163dnewhighs

click chart to enlarge

The good stuff's inside. Won't you join us?

Subscribe to see the rest of this post.

Weekly Update

091616adrenaline

click chart to enlarge

At any time, the Central Banks may give markets another adrenaline shot, especially if financial markets fall sharply.

091616spxnikyen

click chart to enlarge U.S. stocks in yen at support.

091616spxnikdoll

click chart to enlarge Japanese stocks in dollars breaking down.

091616goldyen

click chart to enlarge Weak gold implies dollar yen to move higher, or gold move is a fake out.

091616spxad

click chart to enlarge Breadth recovered quickly this week.

Subscribe to see the rest of this post.

Chartucopia

Some charts for a Saturday, some in front of the paywall, others behind.

091016pumpupclose

click chart to enlarge

We know what the Central Banks did the last time markets headed over the cliff. This will be the chart to watch this instance also.

091016pumplarge

click chart to enlarge

091016bojfedjpy

click chart to enlarge

If dollar yen ever reflected relative money printing, it would be quite a bit higher. It's a balloon under water.

091016bojecbeurjoy

click chart to enlarge

091016fedecbeur

click chart to enlarge

091016spxyen

click chart to enlarge

Expect the Nikkei to play catch up out of the gate next week.

091016goldyen

click chart to enlarge

A stronger dollar will prevent gold from benefiting from any flight out of bonds and stocks.

091016spxad

click chart to enlarge

Subscribe to see the rest of this post.