Weekly Charts – Confirmation We Go Lower

The weekly charts in SP 500 and Dow now clearly broken.

We move lower here….like weeks lower…so don’t get caught buying dips!

We sell rips in this environment so what you are looking for are strong “daily closes” in order to find higher levels to continue to “add short on”.

Find “max green” intra day / week  to continue loading short.

Long JPY the biggest winner ( as you guys already know this! ) with Commods like AUD getting punched in the knee.

Looming buys in both EUR and GBP vs USD but likely not for a few days…..legging in as soon as this evening /  late afternoon tomorrow.

 

 

 

 

2 Responses

  1. Johnatan Fischer January 17, 2016 / 11:44 am

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