Date post: | 14-Jul-2015 |
Category: |
Economy & Finance |
Upload: | balamory-trading-academy |
View: | 71 times |
Download: | 3 times |
Euro $
• A volatile 2 weeks
• The FED shifted the goal posts.
• Normal unemployment changed from
5.2% to 5.5% down to 5.0 to 5.2%
• Interest rate policy is tied to
unemployment and the dollar fell.
Commodities
• Once again I hear experienced
analysts saying “Anglo cant go any
lower”… Sure…
• The Baltic dry is falling.
• Potential Gartley on Copper gives me
hope that the worst is nearly over.
SA trends
• 1. Primary Wave UP
• 2. Underlying trend up since start of
2015
• 3. Reverse divergence between the
price and the MTI says a high
probability of another leg UP.
• 4. Be careful…we need a pullback
soon…