A.M. Look 8/19/16

FTSE…sitting right on daily momentumInline image 1

DAX…failed at the matrix level, yet it has not totally broken down.
Inline image 2
​Euro Stoxx 50…looks the weakest​Inline image 3

 

​30 yr. Bonds..​

Inline image 4

​It’s an atypical Friday as most Bourses are in profit taking mode​ along with
all other asset classes.
It’s not what i expected.
This is shaping up to be a good day to get into trouble.
It’s a bull market. Late day U.S. session weakness is needed for investors to hit
the sell button. (the Last 45 minutes)
I’m out the door to refresh my mind.
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