Gravitational Pull

“Every revolution seems impossible at the beginning, and after it happens, it was inevitable.” – Bill Ayers
No real change to what we have been highlighting this week as we have been updating our latest Weekly Outlook Video.
It finally looks like some moves are starting to come in. As discussed, there have been far too many warning signals and dislocations that rarely manage to hold a sustained pace. We do not really follow things like the  Hindenburg Omen (just triggered on both the NYSE and Nasdaq) but we’ll take anything that seems to play towards our book 😉
As we approach NFP and the French election, we remain focused on the following charts:
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.

 

Contrarian Corner

“The four most dangerous words in investing are: ‘this time it’s different’.” – John Templeton
Very little to add to the discussion and view from our latest Weekly Outlook Video. If you haven’t had time to go through it, we would recommend you catch up on this review. There is no point sounding like a broken clock, we’ll just let the charts and moves play out.
Today’s focus: GBP o/n news and through data, Apple, NQ vs other indices, continued pressure on Crude, DXY positioning into and post FOMC.
Last but not least, might want to keep an eye on Silver…

 

Forex & Futures Outlook | 30/04/2017

Forex & Futures Outlook | 24/04/2017

Forex & Futures Outlook | 17/04/2017

Forex & Futures Outlook | 09/04/2017

Forex & Futures Outlook | 02/04/2017

Forex & Futures Outlook | 26/03/2016

Ignore the Circus, Focus on the Levels

“As long as we continue to learn, welcome new ideas and ways of doing things, and continually expand our understanding of ourselves and the world around us, then we are engaging in the ultimate creativity of the self.” – 365 Tao: Daily Meditations
The talking heads will always find a way to spin the narrative and focus on the ‘why’. We are a lot more interested on the ‘what’ or ‘where’; as traders, we understand that markets are forward looking and that it is a lot more productive to focus on ‘what’ price is doing and ‘a what price (where)’ it is doing it.
The levels discussed in our Weely Outlook Video and in our Morning Call remain largely unchanged and as usual, we will update this on Sunday.
Chart of the day: VIX is finally starting to wake up…

If you are interested in attending a 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.