The British pound panic is subsiding and now it is time to retest resistance. Our Monthly Bearish Reversal stands overhead at 13660, so expect this to be the...
We are looking at the collapse of Europe unfold much faster than anyone suspected. I have been warning that the Continental EU banks are in serious trouble....
QUESTION: Marty It looks like Carney and Osborne are talking the pound down in order to frighten people. Only one of their prophesies have come true – the...
QUESTION: Dear Mr Armstrong. I attended the Berlin conference and already enrolled for Orlando as well. I have a question regarding the EURO. It is obvious that...
The pound has remained in a sideways band and is trading near the low of the decline. Our Weekly Bearish Reversals were 13540, 13507, 13340, and 13044....
The euro closed for June on the cash feed at 11095, which was just a hair under the May low of 11098. This is not a Reversal, but merely a technical indication of...
We can see that the green uptrend line has been penetrated previously on this decline. Nevertheless, the euro is unable to rally beyond that 116 level where it...
COMMENT: Soros has been long gold and sold all his stocks. He made a fortune. REPLY: No professional trader tells people what he will do in advance. Those...
While everyone is busy blaming the Brits, the real culprit is the EU. The audacity of various EU ministers demanding immediate withdraw is akin to a spouse...
This is what happens in a panic. Dealers step back and spreads widen. Sell and buy orders at the market are simply filled as they come in. It appears the bookies...
