Money flow is about to cycle back up for the daily charts over the next few days. Not to say that we will not see weakness ... the blue line with price measures the money flow cycle.
The same goes for the daily chart. Money flow is working its way to a cycle low then a push up. I would not want to stand in the way of this with a short position.
It looks as if we are headed for a probable currency crisis. The dollar closed down today ... again. If we close below 70 watch out. The direction of the dollar with determine the inverse direction of the equities market.
Money flow is about to cycle back up for the daily charts over the next few days. Not to say that we will not see weakness ... the blue line with price measures the money flow cycle.
The same goes for the daily chart. Money flow is working its way to a cycle low then a push up. I would not want to stand in the way of this with a short position.
It looks as if we are headed for a probable currency crisis. The dollar closed down today ... again. If we close below 70 watch out. The direction of the dollar with determine the inverse direction of the equities market. 
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