13/01/12

After the big trend day and the open drive on the 10th, stocks haven’t done a lot but have managed to stay in the upper end of the trend day’s profile. The above chart is a combined auction picture of the past three days. On a trend day it is often difficult to see value […]

euro/ dollar

The dollar is  at an important level. This 2 year daily chart shows it as the value high of a composite structure. Commercials would look at it as risk off in all equities once it breaks above that level. The much maligned euro on the other hand is going downhill and firmly below value low […]