Chart of the Day

“In investing, what is comfortable is rarely profitable.” – Robert Arnott
It’s all about follow-through into month/quarter-end now. Remember that healthy markets don’t move in straight lines and that as traders, we always welcome two-sided action.
Asia continues to trade heavy as the DXY is back in rip higher mode. We have posted some charts on the Twitter feed highlighting that we still have to see a confirmed break of this recent range across all majors… we will know soon enough but we would still be cautious at this point.
If you missed out latest update, you can get up to speed with our Latest Weekly Outlook video.
As always, there is no substitute for real-time/live action; if you are interested in attending a daily morning call into NY with a more detailed live discussion on all the charts and ideas we highlight/review in the outlook video and here on the blog, you should check out our Daily Webinar Group.
Wishing you a great day ahead.

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