christian.langfors

christian.langfors

..no comments..

christian.langfors

..no comments..

christian.langfors

I guess we'll are in the final up leg in this EURUSD bull move and we'll see a ~200pip pullback within two weeks (+- a few days). Also ECB speaking heads today and I would be very surprised if they will not try to "speak the EURO down".

christian.langfors

Best guess we'll see more of the upside sooner than later. Pattern reminds of a bullflag as of now.

christian.langfors

I'm guessing we'll stay inside that "ping pong box" today.

christian.langfors

SPY RSI(14) on the monthly chart is 1 point away from a new record level. The old record happened way back in time; 1996. - The bullish momentum is strong - But last time when SPY was at this high RSI -levels, a -10% pullback was around the corner

christian.langfors

EURUSD is getting very stretched right now. It is quite unusual that we are this far away from mean values (pick your timeframe and values). The Dollar index is taking a beating but I'm still guessing that we are very close to seeing consolidaton / pullback right now.

christian.langfors

Well "NO" is quite a strong word but VIX is getting low. We also have SPY OpEx this week. I'm guessing at a sell-off towards the end of this month..

christian.langfors

Guesstimate that daily low will be around 1,18 -ish.

christian.langfors

..no comments.. Disclosure: EURUSD hedge open with short bias

christian.langfors

The EURUSD 1H chart will probably soon enough give hints, will the mid term trend (2-3weeks) continue up or down. Right now I'm guessing it will bounce around today in the "triangle" on the chart. Disclosure: EURUSD hedge open with long bias.

christian.langfors

Expecting consolidation next and then more up.

christian.langfors

London open started with sell off. Although yesterday ~+0,4%, expecting today to test the support zone, that has been important this week. If we enter support zone, that could be a good area for fast scalps, since EURUSD will likely bounce around for a while without a clear direction. No heavy news today that I could spot.

christian.langfors

..no comments..

christian.langfors

..no comments..

christian.langfors

Gathering power before next move, expecting it to continue up. GL!

christian.langfors

Be careful in this up leg; volume is flowing out although price keeps pushing up. Guessing on a corrective move is getting closer.

christian.langfors

SPY current bull run doesn't have much left, before we go into consolidation and likely a corrective move down.