Welcome and thank you for visiting!

The charts and comments in my Blog (posted in Eastern Time) represent my technical analysis and observations of a variety of markets...
*World Indices *U.S. Indices *Futures *U.S. Equities & Sectors *ETFs *Commodities *Forex
...an expanded version of the "Observations" section in my private Daily Trading Journal.

*** N.B. to my readers: Although I stopped trading in July 2013, I still take a peek at the markets now and then and post the occasional article here on my Blog.

Destiny

Destiny

EVENTS

UPCOMING ECONOMIC EVENTS...
* Tues. April 28 ~ FOMC Meeting Begins + Wed. April 29 @ 2:00 pm ET ~ FOMC Meeting Announcement

Monday, November 28, 2011

Shrinking Money Supply in Europe

Today's data release on money supply in Europe shows that the last month's supply declined...the graph below shows that supply is only about one-quarter of that at its peak in 2008...it appears that money is flowing out of Europe and the Euro, once again. The data is supplied courtesy of www.forexfactory.com.