alice

NFTRH; SPX, INDU & NDX Daily Chart Status (medium priority)

SPX has negated the minor slip below the January high we noted in NFTRH 516. It is back above that level and today made a move to break a short-term trend line. At this point all it has done is dip to fill a gap and it remains bullish. The target, if this condition holds up is above 3000. Dow is flagging above the support … Continue reading NFTRH; SPX, INDU & NDX Daily Chart Status (medium priority)

USD; Over Bearish to Over Bullish & I Cover the World

Over the last year the public has gone from hating the USD to becoming very warm to it. From Sentimentrader here is the Public Opinion reading once again. It had spiked to over bullish although not as extreme as it could be, and since recoiled. Sentiment has long since ceased being USD’s ally. I wonder if the ongoing Trade War theater is putting Uncle Buck … Continue reading USD; Over Bearish to Over Bullish & I Cover the World