Mother Russia Could Soon Be US’s Daddy

I am holding ERUS as an early mover in the anti-USD global market out performance sweepstakes (if the Q4 2018 2019 or H1 2020 view is correct in its various viewpoints). I’ve traded ERUS a few times but managed to successfully stay positioned at the right times. The ETF is at top (weekly chart) and the its relation to SPY is at bottom. Russia has … Continue reading Mother Russia Could Soon Be US’s Daddy

Ding Ding Ding… SPX at Bull Turnstile or Bear Reversal Point

On a not as bad as expected Payrolls report the US market is now at our target, which was a second hit of the upper reverse symmetrical triangle’s trend line. That became the objective after SPX took back the green lateral support area. To review, bulls have the moving average trends, they have lateral support and they have blue sky’s unfettered possibilities. The bears have … Continue reading Ding Ding Ding… SPX at Bull Turnstile or Bear Reversal Point