Correction on indices accelerates [Video]
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Indices are going lower sharply. Yesterday's correction does not look so innocent anymore.
Nasdaq drops after creating a sweet head and shoulders pattern.
DAX breaks the lower line of the flag also driven by the head and shoulders formation.
FTSE tests crucial horizontal support.
EURUSD with a very similar situation. A head and shoulders pattern is also in play.
AUDUSD with a sharp drop. Everything started with a false bullish breakout.
EURAUD tests the upper line of the long-term range. Maybe we will finally have a breakout?.
EURCHF breaks the lower line of the pennant and important horizontal support.
Dollar Index breaks the neckline of the inverse head and shoulders formation. That looks bullish.
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