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.