Date: June 9, 2014

Trading channels: Another major resistance hit

Trading channels: Another major resistance hit

Rally getting tired

Burak

1

Bankers New Clothes

Bankers New Clothes

Booboo, Degrowth Defined →

1

SP500-OverboughtCondition-060914.png (700×530)

SP500-OverboughtCondition-060914.png (700×530)

The chart below shows that while the current bull market trend remains in place, the recent "consolidation" failed...

Dow-52wk-hi-lo.png (620×639)

Dow-52wk-hi-lo.png (620×639)

Dow Components Relative to Highs

2

Recap With blips of volatility last week, the markets seem to be more promising for coming weeks in terms of longer term moves. The fundamental decision by ECB to go negative with deposit interest rates is likely to send EUR much lowe...

Blanks of the trader

MOFutures