Monthly Archives: August 2017

Why is this US stock index so strong?

Stock indices are looking stoppable. Why? Is it fundamentals? Technicals? There is a third explanation that however improbable, might just be the truth.

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Stock indices fire and fury but no bite except for this

Despite the severe bearish action around the globe yesterday following Kim’s missile flying over Japan and a sharp, not-unexpected u-turn during US trading hours, stock indices really did not make any significant move. Major indices are still trapped between last week’s (Jackson Hole) range except for DAX. It is a loss leader…

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EURUSD, AUDUSD, NZDUSD, USDJPY potential

Based on chart pattern projection and inspection of previous support resistance levels, these are potential targets for EURUSD, AUDUSD, NZDUSD and USDJPY.

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