Monthly archive April, 2017
by
prestonni
on
Apr 26, 2017 •
Risk markets have surged upward and this bull starts yet another strong continuation upwards. Some might use the word parabolic to explain this recent price action. FX remains a little complicated for the moment. Bullion has fallen due to risk on but as risk on implies reflation (tip remains elevated) the gold move technical tactical...
by
prestonni
on
Apr 21, 2017 •
Another week rolls by so quickly. Global asset markets have seen more weakness over the last week with much lower levels for cyclical commodity themes and a bounce off January lows for many eg copper and a breakdown for iron ore prices in spite of a pull back for the US$ basket. Breakdown (likely false...
by
prestonni
on
Apr 13, 2017 •
An ominous title this week from the guys which i pick up on below and in my mind is centered around Europe once again. Markets wise, another week rolls by with the guys clearly getting this equity mild retrace correct, so far. The risk on bullish bigger picture remains as was so we should be...
by
prestonni
on
Apr 6, 2017 •
Hi guys, we have this continuation of tactical weakness in risk here as the fast moves from earlier in the year continue to be digested. There is nothing as yet in my tech book to see this as anything more than a consolidation of the prior moves. The US$ remains unresolved though more evidence is...