Friday 12Sept2014 - US Dollar Strength!

Will the US Dollar break out above its longer term descending channel?

Chart from Danielle Park's blog.

Wednesday 10Sept2014 - Are Stock Markets Due to Decline?

From Elliott Wave Short Term Financial Forecast.

Minor wave 5 of Intermediate wave (5) of Primary wave C (circle) of Cycle wave b again stalled at the top line of the parallel channel formed by the Primary wave C (circle) rally from October 2011. Sentiment has remained extreme throughout the year, as the Investors Intelligence Advisors' Survey shows the bullish percentage at over 80% (bull/bull+bears). The initial leg of Cycle wave c will not be a slow, grinding affair: it will be a "collapse," as noted in the new issue of The Elliott Wave Theorist.  

 

 

 

Monday 01September2014 - Dagwood's Take - Happy Lazy Day!

Sunday 24August2014 - Dagwood's Take!

Sunday 24August2014 - What Next Part 2?

Clips from Danielle Park's web site re economy and stock markets.
 
 

Sunday 24August2014 - What Next Part 1?

A few comments from Danielle Park's web site re the TSX just back to previous highs.

Click image to enlarge. 

Wednesday 20August2014 - Chart of the Day!

For Canucks the trade to be long the US Dollar, which means at opportune times one buys US dollars, and then either just hold them or use them to go short the Euro vs the US dollar with EUO.

This short term trade is now kicking in and working well as the following chart indicates.