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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (91071)3/26/2017 5:53:16 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218451
 
Good Morning John, a very excellent analysis and presentation, many thanks...

You may be very right about the dollar, I'm only looking at the chart pattern itself over that past few months and it doesn't look strong, in fact it looks ready to fall off the edge of the cliff... this just may be when it turns back up, but I think that remains to be seen and we'll know with greater certainty by the end of this week if that monthly sell signal is confirmed or not...

If the dollar does turn back up, then I can't see gold or silver do anything but move back down...

The Yen appears to have broken out higher and that isn't bullish for the dollar or bearish for gold...

Also, I see some serious stress cracks in many of the major market indices...

As a composite impression of all the above mentioned markets, I get the impression that stocks may be on their way down for a more meaningful correction of some significant...

But, as always, we'll know more in the fullness of time...

GZ