Friday, 23 October 2015

2pm update - darkness falls.. for the bears

US equities see renewed strength into the weekend, with the sp'500 swinging from 2062 back into the 2070s. As things are, we're set for a net weekly gain of around 2.0%. USD continues to build gains, +0.8% in the DXY 97.10s, with price structure of a giant bull flag.


UUP, weekly


The price action/structure merits a lot of discussion, although I realise many just don't care... at least yet.

I merely highlight it as a reminder, despite what some of the 'dollar doomers' continue to proclaim, the USD is king of FIAT land. That ain't changing any time soon.

Naturally, here in London city, a little darker.. ever earlier...

Depressing... at only 1pm EST.  I probably should get one of those light boxes before I take a bath with a toaster.

Anyway...  almost the weekend.
back at 3pm