Taking a look at the daily trends in many forex currency pairs. Enjoy a quick review of the major trends in the poipular pairs with an added discussion of the stock indexes.
www.alphatrends.net The intermediate term trends have turned neutral to slightly lower which gives us reason to be more cautious initiating new longs, but with longer term trends still higher it does not seem like a good idea to get aggressively short. The next few days will reveal whether this is a pullback in an uptrend (I think so) or the beginning of something bigger.
Stock market commentary for January 17 2012
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Stock market commentary
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A walk-through of our DMeter indicator. The DMeter provides you with a visual guide as to where the markets are trading, with respect to the current trend. A unique proprietary indicator that compiles 171days of data to predict price action.