Monthly archive July, 2012
by
prestonni
on
Jul 31, 2012 •
As we sit here waiting for central action, or not, technical indicators are demonstrating significant moves in either direction. The Swiss team are using the “make or break” term here and now. I’ll leave all the detail on levels and various asset classes to the report. They do an excellent job of summing up things...
by
prestonni
on
Jul 24, 2012 •
The Swiss team publish another excellent report. We all know the key levels by now by heart. Of note the AAII bullish consensus at contrarian levels. Interestingly, they also note the euro bounce possibility but ref the low volatility in the pair eurusd. I second this although this is in great fault down to the...
by
prestonni
on
Jul 20, 2012 •
P.S. A useful set of economic charts care of WF: WF-GlobalChartbook-july12 P.P.S. And something a little ‘special’ for you all came across my desk a few days ago. Along the lines of “if you cant beat join them” me thinks. ROTH-Q312
by
prestonni
on
Jul 17, 2012 •
A very interesting report this week from the Swiss boys. This is all entirely consistent with low volume summer trading is my own view. How many times have we been here before? Too many is the answer. I wouldn’t chase any trends right now. The technical and fundamental emphasis remains to the downside unless meaningful...
by
prestonni
on
Jul 10, 2012 •
The Swiss team, on the money yet again. Im back in the office tomorrow so comments then. All the best RichWeekly10-07
by
prestonni
on
Jul 3, 2012 •
A facinating report from the Swiss Team this week. They are sticking to their guns that this rally is purely corrective and that July will produce much weakness in the major indexes. I must say, this sits quite nicely with the way i see things as well. SP500 rally to between 1370 to 1390 cash...