• Comments for December 28, 2017

    Markets look calm in a quiet period. The 20DMF ended stronger than usual yesterday, but the small caps Money Flow still looked bearish.






    What puzzles me the most is the weakness of the US$ against all other currencies. In a higher rates/QE unwind environment, this should not occur. Hence, the EV pattern doe snot seem to be supporting the current price trends.










    Conclusions:

    Tomorrow is the final trading day for 2017. If the S&P500 closes below $2675, then I will probably open some short positions.

    Ps: The database not fully updated yet.