In this analysis I wanted to quickly recap my view on the broader U.S markets, in particular the Dow Jones 30. We have certainly see a strong dip in the markets moving from 36,000 level to 33,000. I think this is just the beginning of what I am expecting overall, that is the markets to head towards the 26,000 level. However for the near t...
Read MoreThe U.S dollar is on a nice move down towards 93 as expected, but I'm expecting some turbulence, causing the US dollar to strengthen and push back up to 97 on the DXY index. Price action is becoming obvious that it's time for a pull back on DXY. This is usually accompanied by some U.S economic data. This push up would be a retest of the 97 lev...
Read MoreWhat a come back by Crude Oil after dipping dramatically in recent weeks. I'm not sure if we will reach the last high of around $86, but I can certainly see some weakening in the price action for Brent Crude Oil. Keeping in line with my bigger picture on Brent Crude Oil, I'm expecting crude oil to dip again and head even lower than last t...
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