Yen – Page 21 – Spiral Calendar

Into Resistance

The S&P rally is carrying prices into expected resistance.

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Today's rally signals a two to three day pause in the decline.

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That warning from the New Lows last week was effective.

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Stocks remain vulnerable here. Video charts within for subscribers.

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Three day combined new lows have been expanding during this rally.

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My general theme remains - relative central bank balance sheets drive currency rates, and to an extent, equity prices.

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Stock prices have disconnected from most "realities" - perhaps they're connected to tonight's new moon.

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Back and forth, back and forth the Grexit games go on. It's like watching tennis, but boring!

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