Monday, August 24, 2015

USD now caught in the vortex of Deflation as the Higher Dollar was only adding pain to suffering?

USD Index Weekly Chart @ Close 08/21/2015
Dollar weakness now a symptom OR part of the 'solution' to address endemic Commodity Price weakness (in reality a reversion to L/T Mean Averages. ...another story)?
Dollar Bulls were always @ Risk as the HUGE Wide Range Reversal witnessed months back has been ignored....now @ the cost of being caught Short the other G3 (+ Swiss) currencies that will always be an alternative option.
(THEWEEKLY subs have their YEN & shall relax accordingly).

Friday, August 21, 2015

'Showtime' for the 2015 Correction to finally unfold amid the China Syndrome?

S&P500 Daily Chart @ Close 08/20/2015 
As the inevitable Sino 'correction' on the 'silk' road to riches plays out with 'side- shows' unfolding in Brazil/ Russia & South Africa; the S&P500 finally about to be caught in the vortex of Deflation's 'last say' in a World awash NOT ONLY in QE Credit BUT Goods & Services with excess Labor for as far as the statistic can 'see'?
Support 'immediate' @ 2030/40 with 1980 the next stop on this 'voyage' of Price Discovery as the Central Banking 'lighthouses' risk running out of a 'flame' to keep the global trade bulk carrier from running aground?

Wednesday, August 12, 2015

The Apple never falls far from the S&P500?

Apple (AAPL) Daily Chart @ Close 08/11/2015
Apple's 2015 'fate' has assisted the Benchmark Market Capitalization based S&P500 set Record Highs.
Apple now @ risk of entering a Bear Market......a 50/200day SMA Sell Signal the necessary sign that such is underway.
That said; the GAP in late February that was left in the 'wake' of the near vertical rally has now been filled.
Apple's Medium- Term 'intentions' will influence the S&P500's; so all eyes here for the moment.