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Showing posts from April, 2015

Small caps looking weak

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Uuups, Russell 2000 looks like it wants to roll over: Very bearish candle into the bottom of the MAs. So far just a warning sign, but you know, May is coming...

GBP/CAD: Trend continuation or more downside pressure

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Interesting situation in GBPCAD. Long-term the pair is pointing up, but recent weeks have brought substantial downside pressure. We are now coming into an interesting zone where I will position myself for a reignition of the uptrend. Update 16.04.2015 The 161.8% extension on the weekly has completed. I am entering here, chances should be good.

DAX overheated?

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With the DAX reaching the 261.8 extension of the "inside" leg, it might be time to tighten the stops and lighten up positions.