Time to Short the Franc…With the Euro

(This is an excerpt from an article I originally published on Seeking Alpha on January 13, 2013. Click here to read the entire piece.) The Swiss franc (FXF) has had a floor against the euro (FXE) set at 1.20 for about 15 months. During that time, there was a stretch of about five months where … Read more

T2108 Update (January 22, 2013) – Melt Up

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades … Read more

The Australian Dollar Breaks Out As It Regains Correlation With The S&P 500

(This is an excerpt from an article I originally published on Seeking Alpha on January 11, 2013. Click here to read the entire piece.) On Thursday, January 10th, China reported export growth much larger than forecasters expected. {snip} This surge helped push the Australian dollar (FXA) far enough to finally break a long-standing downtrend against … Read more

T2108 Update (January 10, 2013) – Triple Top Almost Cleared On Seventh Overbought Day

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades … Read more

T2108 Update (January 9, 2013) – Technical Tensions Build As Extreme Overbought Conditions Persist

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades … Read more