Trend Recognition

EUR/USD: 1.2577    Very Short-Term Trend: Downtrend    Outlook: Yesterday EUR rallied to 1.2685 first (shy of my 1.2690/1.2700 favored entry level) and then declined...

Nasdaq 1002729.31. Short-Term TrendUptrend. OutlookNasdaq 100 made a top at 2752 last week with a key reversal day and pulled back a bit. The decline from the last week top however has been...

EUR/USD1.3269 Short-Term TrendSideways Outlook EUR has held firm last week as the 1.3000 level has provided strong support. Now, the daily oscillators are trying to turn up. That's a good...

Nasdaq 100: Nasdaq 100: 2712.82Short-Term Trend: uptrendOutlook:Last week I favored shorts on break of 2575 level. However the market did not even look at this level and rallied strongly to new...

EUR/USD: EUR/USD: 1.3173Short-Term Trend: weak downtrendOutlook:While EUR has followed exactly the red-line path suggested in our previous update, the daily chart is not much clearer than it was a...

Nasdaq 100:Nasdaq 100: 2646.52Short-Term Trend: uptrendOutlook:Last week Nasdaq 100 dipped to its rising 21-day moving average and then recovered quickly by the end of the week. As result, the daily...

EUR/USD:EUR/USD: 1.3122Short-Term Trend: weak downtrendOutlook:With prices firmly below the declining 200-day moving average and below the still declining 100-day moving average, the Short-Term trend...

Nasdaq 100:Nasdaq 100: 2641.71Short-Term Trend: uptrendOutlook:Nasdaq 100 remains in stron uptrend and continues to make new highs for the year. The prices are now very close to the 2682 Fibo level...

EUR/USD:EUR/USD: 1.3198Short-Term Trend: weak uptrendOutlook:This chart remains a mess. And actually the picture is even less clear now that it was a week ago. From a trend-following perspective, the...

Nasdaq 100:Nasdaq 100: 2604.72Short-Term Trend: uptrendOutlook:The bulls remain in full control and it appears they want to push the prices to 2682 level. And as long as the prices stay abv 2544, the...

EUR/USD:EUR/USD: 1.3446Short-Term Trend: uptrendOutlook:EUR rallied stronly last week and thus confirmed our bullish Short-Term outlook. My targer remainst at 1.3720 and then I expect to see another...

Nasdaq 100:Nasdaq 100:  2584.31Short-Term Trend: uptrendOutlook:Well, it is obvious now our exit a couple of weeks ago just below 2520 was premature. The daily trend remains higher and as long as...