25th July - Watch the emerging markets
28 July 2014
TECHNICALS:
Weekly chart
The Emerging Markets index is outperforming the FTSE ( the green relative strength line is rising ) and has been since February.
Note too, how the bull trend in the EM is getting to be well structured, the prior Highs acting as good support for the next leg up.
Weekly chart TURKEY
Note Turkey in particular: the completion of a H&S bull pattern is set to drive the market a good deal higher still.
How high? Up as far as the prior High of 3200. At least.
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28th Jul - EUR/USD Breaches Key Supports