Saturday, April 21, 2012

Bullish argument of the week: THE EURO

The TREND indicator has turned up (Thursday's chart before Friday's up-surge close to the weekly DeMark trendline).
 And the Cycle chart foresees a LOW right around here with a 3-4 week up bounce conceivable.
Maybe the Bounce has more tricks up his sleeve or maybe the EURO disconnects from the RISK TRADE.
We will see next week.

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