TRENDS 23 June 2009


Markets in correction mode. Downside move is NOT supported by rising of volumes which could make this correction shallow one. Weaker dollar will further support flows to equities as long term inflation theme (despite short-term deflation mode)  is in a making.

IB

trends230609

Previous trends post

Daily trends are subject of revision on daily basis after market close. Weekly trends are revised on weekly basis after friday close.

Trends are based on my mechanical trend following system. They are NOT trading recommendations.

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One Response to TRENDS 23 June 2009

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