Charts Today – Stocks start the week strong in the US, Europe less so [Video]


Charts Today – 20 August 2019 – Stocks start the week strong in the US, Europe less so

  • Dollar Index bullish and against the Yen.

  • Eurodollar below $1.11 again, bearish.

  • Sterling gains but weaker against dollar.

  • Bitcoin pushes higher, $11,000 in sight.

  • US stocks now bouncing off daily cloud support.

  • Russell 2000 index a worry.

  • US indices set for flat opening today based on US futures.

  • UK blue chips and midcaps up.

  • Germany and French stock indices up but remain medium term bearish with renewed recession fears.

  • Asian stock mixed overnight.

  • Crude oil moves slowly moving to short term bullish.

  • Gold and silver short term bearish.

 

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