View: The Weekly Markets Analysis - Super Mario delivered.. did he? - Th...

It was all about Draghi, everyone knew it. All eyes were waiting for last Thursday ECB conference and once it was over, we got our answer - Draghi gave the bulls more fuel to burn.

His actions will be tested only with time, and history will be the judge of whether this financial experiment that the major banks are having is saving the economy or just making a huge bubble that we will all suffer its consequences. Over leverage, risky exposure, appetite for risk and high yield should be the major banks concern, but for now it seems like they are guided by the attempt of not popping their own created bubble. 

With no major events or speeches in the coming week, It is possible we will see a slow, low volume action with anticipation for next week’s FOMC meeting (and expiration week).

The charts are showing the possibility for a pullback move in major indices. In this week’s Weekly Markets Analysis I tried to find those stocks that failed to participate in last week’s markets party and to exploit their possible weakness in the coming week. 

In the Forex we have several setups with JPY and NZD in the spot light. 

$SPY, $QQQ, $IWM,$AMZN,$M,$NOK, $EURUSD, $GBPJPY,$AUDNZD with harmonic trading patterns, price action and more..

Check out this week’s newsletters:

Weekly Markets Analysis - Forex - 08/06/14

Weekly Markets Analysis - Stock Market - 08/06/14