Charts Today – US stocks jump, but positive sentiment likely to be short lived [Video]


Charts Today – 14 August 2019 – US stocks jump, but positive sentiment likely to be short lived

  • Dollar Index jumps to bullish and against the Yen.

  • Eurodollar lower and bearish shorter term.

  • Sterling still weak. Bitcoin weaker short term.

  • US stocks jumped but still close to daily cloud support again. That level is now critical.

  • US indices set to open lower today based on US futures.

  • UK blue chips and midcaps steady but still in bear trends.

  • Germany and French stock indices fall away, medium term bearish.

  • Asian stock indices mostly up overnight.

  • Crude oil moves higher, short term bullish.

  • Gold and silver pull back but still bullish.

  • US 10 year yields in the doldrums in the 1.60s.

  • Still quite a lot of worrying stock charts and getting harder to find good ones.

 

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