• Comments for October 11, 2017

    Markets are still at highs, with no sign of weakness.





    Only the small caps look slightly weaker here, as investors wonder what will be left of the Tax deal after going through Congress.





    The Euro is now cruising above its average trend line, while the US$ looks weaker by the day.

    The Marc to market analysis below looks interesting and basically says that the bullish view on the US$ is fully priced in.

    http://www.marctomarket.com/#!/2017/...s-on-euro.html





    Conclusions:

    Markets look toppy, but the money flow does not show weakness.
    Hence: wait and see for now.