week starting 7 june, page-213

Morning folks & night owls.

Have had a sqizz at weekly candles going back 10-15 years on most US & European indices.

As far as i can see it looks good for the short side but aware what looks obvious, sometimes is not. Asian & South American markets look in better shape, in general.

If there is a possibility of some consolidation & further rise on US & European markets then last nights close on Daily SPX may be the bit of ground needed to get a foot hold moving forward - RUT similar. NASDAQ & DOW negative finish.

That's the way i see it and will play on weakness, paying attention to daily closes & S&R etc.

Note most EU & US weekly's look very similar.


Viva la Vida ;) hoot hoot.


DAX Weekly



SPX Daily