• 748 days Will The ECB Continue To Hike Rates?
  • 749 days Forbes: Aramco Remains Largest Company In The Middle East
  • 751 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,150 days Could Crypto Overtake Traditional Investment?
  • 1,155 days Americans Still Quitting Jobs At Record Pace
  • 1,157 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,160 days Is The Dollar Too Strong?
  • 1,160 days Big Tech Disappoints Investors on Earnings Calls
  • 1,161 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,163 days China Is Quietly Trying To Distance Itself From Russia
  • 1,163 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,167 days Crypto Investors Won Big In 2021
  • 1,167 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,168 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,170 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,171 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,174 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,175 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,175 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,177 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

On Script

The euro appears to be following the mirrored pivot glide-path from this weekend (see Here). Going forward, we will be looking for downside momentum to become entangled around the bottom rail (e.g. stochastics & RSI).

A Mirrored Pivot 2011 Euro vs 2013 Euro (Daily)
Larger Image

The window in the diminished correlation extreme between the Australian dollar and gold appears to be resolving (from last week, see Here). We maintain the bearish expectations of long-term breakdowns in both the Aussie as well as gold - as the respective pivots in this long-term relationship once again tighten.

Australian $ vs Gold (GLD)
Larger Image

Silver continues to follow the unwind of 1991/1992 Nikkei comparative. Interestingly, it has taken its time since the last pivot and has aligned with the seasonality of the pattern. Should the comparative continue to be prescient, the lows from early January will be broken shortly.

1991 Nikkei vs 2013 Silver
Larger Image

 

Back to homepage

Leave a comment

Leave a comment