My interpretation of updated weekly charts :=
- Nikkei : SHS top is on.
- USD index : DownTL break is holding but too many such signal failures recently for me to trust and commit to this fully. (S&P is the exact inverse chart). Be suspicious.
- GBP/USD : Forget the SHS. Something else is going on here, namely "to Qe or not to Qe"
- US10YY : Sideways still. This is my carry trade , except that its not dripping down to my P&L.
- EDM0/EDZ0 spread : Still on RS of SHS top. Will take bad economic data to make this work.
- Copper : Dicey short. Could go either way still.
Reckon Nikkei is the one to go with. (But remember what happened with cable!). Perhaps half commitment = finally a technical trade that works.
My interpretation of updated weekly charts :=
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