Weekly

The weekly chart of the EuroNext Amsterdam AEX idnex shows that last week is represented by a large bearish outside bar, not an encouraging sign for the bulls.

The weekly chart of the continuous Gold future shows a hanging man near the upper line of this huge red pitchfork. Together with the clear negative divergence on some popular indicators, this recent rally could provide a nice swing short entry (with stops above 1310).

The 4 hour chart of the continuous Crude Oil future shows a hanging man that backtests the previously broken uptrend line, confirming the daily short signal I posted on Friday

My weekly chart of the continuous Gold future shows where the 1310 mentioned in my previous update comes from, and why I'm not trusting the long towards there.

My order to short just below the yellow line wasn't filled during my holiday. A shame, as it would have paid for it.

This weekly USD chart shows that the run up stopped right at the median line of this green pitchfork.

This zoomed in copy of the same chart shown earlier today shows that .. I should have zoomed in before taking the entry

EUR/USD: Swing long at the lower band of the green pitchfork (1.2045), with stop about 150 pips lower and TP1 around 1.4 (2000 pips higher). I don't like catching a falling knife, but the Risk Reward is too nice to pass up.

Daily chart shows that price is heading towards the median line of this red channel.