Today is one of those days when you have to look everywhere to get an edge. The intermediate term direction is already strong on the charts, it now becomes a matter of timing and with head fakes going on, it would seem the timing is right upon us; I would like to see strong signals confirming that (but everything comes on Wall Street's schedule). Any way, I've been paying a lot of attention to the Euro, but the Euro is just a side effect, the real currency that moves the market is the $USD, the Euro is just easier to use. Luckily the $USD is showing some decent signals.
$USD 2 min-3C momentum is really picking up.
$USD 3 min, not only is momentum in 3C picking up, but the migration from short to longer charts looks good.
The 5 min
And what I called above, "The Intermediate term direction" and the strength of that signal.
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