Let the chart speak!
If the first black line breaks, sell before the second one breaks too!
SPX500 has been underperforming in the last few months, a big panic could be building...
My idea also involves expectation of an economic crash in the US.
As long as EJ doesn't go above 140, bears should be very safe.
EURUSD seems to head downwards, especially whether the FED raises the interest rates by the end of the year.
EURJPY seems to be on its turning point...
According to the consequances of the previous big gold rush, XAUUSD is headed near the 0.764 fibonacci retracement line.
The +20% increase which happened during the pre-market today is way too high, even if the earnings report was extremely surprising.
A head and shoulders pattern is forming on the daily chart.
If the approaching triangle ascends, then it will be challenging to enter the 1.15 - 1.21 zone - The zone of reversal...
1.115 - 1.120 is a decision zone for EURUSD. Once it breaks out, it stays off the zone.
EJ seems to be a much better pair to short than EU
Fundamentally, Greece can be a catalyst for a financial apocalypse.
Bulls are still in play above 1.112
It may test lower levels too as time passes...