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At any time, the Central Banks may give markets another adrenaline shot, especially if financial markets fall sharply.
click chart to enlarge U.S. stocks in yen at support.
click chart to enlarge Japanese stocks in dollars breaking down.
click chart to enlarge Weak gold implies dollar yen to move higher, or gold move is a fake out.
click chart to enlarge Breadth recovered quickly this week.
First of two videos tonight. Here is a discussion of the daily candlestick charts. This video is not behind the paywall.
A second, and important video discussing tides and the Solunar Model will post later this evening for subscribers.
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click chart to enlarge OK bulls, breakout of this downtrend and I'll respect you.
click chart to enlarge The tidal chart is the argument we need to wait one more week.
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click chart to enlarge A big dollar rally will deflate the Money Printing Pump very quickly.
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click chart to enlarge Dollar rally will collapse the Nikkei in dollar terms, the S&P should follow.
Is it Autumn yet?
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Some separation here. Three ways this chart converges - Nikkei falls, S&P rises, or dollar yen rises.
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The breadth oscillator is punk.
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The first two charts are arguably bullish, with stocks appearing to have weathered a pullback with minimal price damage.
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That weak dollar sure helps keep The Money Printing Pump in expansion mode.
click chart to enlarge Dollar yen and gold are the same market these days.
click chart to enlarge The Nikkei and the S&P priced in yen is also the same market.
click chart to enlarge Quod erat demonstrandum, the Nikkei and S&P in gold are the same market, as indeed the chart shows they are.
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Nikkei and S&P in yen terms have topped - expect S&P in dollars to follow.
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Stocks helped by very weak dollar on Friday. Tuesday's new moon may end that trend.