the weak that was........, page-2

....here's an interesting look......usually when i read the word "interesting" that usually means, as i do here, that the author is a little unsure of what theyre seeing....this is a stab into the bias by looking at the euro banks, an area i dont usually go into:

while on my journey for bias into next week i usually look at the etf for banking and fiscals in the US as its such a huge function of the overall belief in the future and etf's (imo) have become a strong barometer of the internal health of that belief and not just a game play .....if that's true then that same thinking should apply to the euro zone banking system as the Greece default idea is now passe does how do we know what sentiment prevails? given the many phases price can be in then surely sentiment can also viewed as a positive if it is in a terminal patterning....i'm referring to patterning based on the lack of other intrinsic markers......

see the chart

chart

food for thought......