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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
please read my full Disclaimer at this link.

Skater

Skater

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Friday, March 22, 2013

Cause and Effect -- 'Euro-grip' = Shake, Rattle and Roll

The following 60 min (market hours only) charts of the YM, ES, NQ & TF illustrate the reactions to this week's unsettled (so far) banking crisis/bailout battle between the EU and Cyprus

There is lots of indecision in these markets as they react to the ongoing saga in Europe's fragmented banking, political, and economic systems (on which the Troika is attempting to get a firm grip by implementing 'unusual' and what will become precedent-setting methods, as the irrefutable Law of Attraction dictates).


Link to chart: http://screencast.com/t/26T0k9ybEBf