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Tuesday, May 20, 2014

Swiss Franc



Is this a Double top or a Flat? The DMI should show us the outcome. The Slow & Full STO are both below 20 with PMO falling.The 'cap' forming on the Cloud looks to be fairly shallow in Depth. IT looks to me like the G7 has tried to stall 'Their ' currencies in a Flat Structure
,Swissie,USD,EURO,YEN. Maybe Abe will Break the structure.(smile)

ADDED: 5-28-2014;  The Lagging Line gave a "Confirmed Sell" Signal 0n 5-27-2014.Expect a 'bounce' and retest to see if "Cap" holds.

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