Wednesday, December 1, 2010

$ Up - stock market down?

As I mentioned yesterday, above "Positive signals in the intraday charts should not be considered strong signals" - we had some positive trade, moved the indexes but by the end of the day back down by ending today's meeting flat.

Right now all intraday time frames (1 min, 5 min, 15 min, 30 min and hourly) negative money flow in all main indices (NASDAQ 100 and S - P-500, DJI and Russell 2000) anzugeben.Dies may propose bearish trade morning.

To date, the dollar index has move and its ups to break on October 19 a 27 seen werden.Jetzt, with a degree of confidence many traders may confirm recovery on the US dollar (on November 4, 2010 started) .how previously mentioned, could this may be some traders to leave the stock market and move additional power that can stimulate bearish trading in currency push and it.

The only thing could be slightly positive is that advances and declines are trending towards positive atmosphere on the hourly chart, however, declines are still prevalent.


View the original article here

No comments:

Post a Comment