Is the $USD Dollar back ?Or are we facing another "fake break out attempt" ?No more faith in the Euro zone could send global investors back into the Dollar
Is Microsoft Corp ( MSFT ) back ?Monthly chart, with a key resistance broken !Once again a heavy weight in the Nasdaq (Market cap)A "must" own if you follow tech stocksYou can add Google Inc (GOOG) to the must own tech list
Using Daily and hourly chart patterns ;$USD : Lower highs seems confirmed$EUR : Higher lows confirmed, now let's wait for the Euro to break and remain above 1.3230.$JPY : Still bearish, the BOJ does everything to keep it lower$GBP : Bull...
How to spot a "fake move"My settings are always on "weekly" first (then I check the daily, hourly)Note that spike up and reversal ? Its telling you that the resistance level is quite strongNo volume on a "fake" break out ... no key "news...
Busy moving to Morocco. Blog will be updated with global indexes, currencies, and opportunities that can be found in Morocco (Agricultural and real estate investments)
If you have been reading this blog for a few months, you probably noticed that I was bullish on the Japanese Nikkei.Now what ?Nikkei is way way overbought, and the Yen is way way oversold !Still very bullish on Japan, but allow a pullbac...
SP 500 daily chart update ;Purple light arrows = Sell in May and go away ...Black arrows = We enter a channel patternLight grey arrows = I "doubt" that scenario (breaking out and heading higher)Gut feelings ? A pull back followed by a ch...