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

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100116goldyen

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100116spxad

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1001163dnewhighs

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Weekly Update

091616adrenaline

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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.

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