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Welcome and thank you for visiting!

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

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

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.

Dots

* If the dots don't connect, gather more dots until they do...or, just follow the $$$...

Paris

Paris

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 UPCOMING (MAJOR) U.S. ECONOMIC EVENTS...

***2024***
* Wed. Dec. 18 @ 2:00 pm ET - FOMC Rate Announcement + Forecasts and @ 2:30 pm ET - Fed Chair Press Conference

*** CLICK HERE for link to Economic Calendars for all upcoming events.

Monday, December 15, 2014

Capitulation or Continued Weakness Ahead?

Most markets closed deep in the red today (Monday)...including Major World Indices, equities, commodities, and non-U.S. currencies.

We'll see if today's action represents any kind of major capitulation or whether it's a renewed sell-off in all markets...we may gain further insights from market reaction following this Wednesday's FOMC meeting, economic forecasts, and Chair press conference.


Data provided by www.indexq.org

ATRs (average trading range) (shown in white along the bottom of each of these charts below) are spiking on these Foreign ETFs...meaning, we could, either, see reversals sometime soon, or a major plunge if all hell breaks loose in markets, generally.


The following charts are shown without the ATR for clarity of price action and their current levels.