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...
Our numbers today are 1259.30 in gold nearest futures, 1.4830 in the cash pound, and 18018 in the Dow. Gold has crashed, testing the key support again, and the Dow...
COMMENT: Marty; Nobody paid any attention to BREXIT but you. Now Everyone is talking about how it will be a big deal for the world economy. Guess they took the...
Based on the fact that the majority of big money trades fundamentally, we should expect the overall trend of the euro to rally against the pound. We can see that...
