Markets forecast for week August 6th 2012 ( $SPY $ES_F $NQ_F $QLD $EURUSD $6E_F $ZB_F $TLT $CL_F $USO ) :

▼ Well, nothing changes in my charts. Still the same configuration.

On indices I am still bearish below S&P500 1400 and below the next resistance. Maybe a trading range until summer end.

Everyone was so heavily bearish on $EURUSD, that it is normal that we had a little retracement to squeeze some shorts and/or hit their stops. We remain on the bearish weekly pitchfork.

Same in Crude, weekly bearish pitchfork.

You can go back to beach....

 

 

 

Markets forecast for week July 30th 2012 ( $SPY $ES_F $NQ_F $QLD $EURUSD $6E_F $ZB_F $TLT $CL_F $USO ) :

▼ Indices decided to respect their channel doing two nice up days. S&P500 could push to 1400, maybe with a bullish fund Monday. But then it should retrace down to stay in its channel.

Nothing exiting on the $EURUSD. We remain on the huge bearish pitchfork.

Nice week anyway ou some of our stocks, NYRSTAR +16%, NICOX +12%, still stalking $DANG and $GMXR.

 

 

Markets forecast for week July 23rd 2012 ( $SPY $ES_F $NQ_F $QLD $EURUSD $6E_F $ZB_F $TLT $CL_F $USO ) :

▼ Nothing changing and again, good forecast last week (except maybe a beginning of week more bullish than expected). Still bearish for next week with nearly the same charts and same channels since 2 month.
Stalking $DANG between 4 and 4.5$.

 

 

Trader ? do I read trader ? :-)