Guys,
Big news day tomorrow that, in my opinion, defines if the bear rejoins in the next few days or he is put off for a few weeks to come. Its a timing and levels issue this not a trend issue, if you follow. More comments tomorrow but I like the short Nikkie long jpy trade! Tactical longs are in danger subject to tomorrow’s news but assuming some profits have been taken its right to run the remainder into the news. I suspect there will be no rate change tomorrow but the language will be hawkish, in spite of the worsening global backdrop and earnings problems.
Here the Swiss team:
And here fitzpatrick
Note the bond charts!
Here GS. (Note conviction 3 short sp500).
And here RBC macro
More to come.
I have other reports but due to copy write issues and warnings shots from Lawyers I’m unable to issue these but for info the uber bullish ML team are staying bullish in spite of the obvious tech issues here. They have lowered their 2015 target to 2100 and remain bullish to year end.
Here UB with their great stock specific tech report:
Rich