NASDAQ Trending Down

NASDAQ 100 Index is trending downward with a gradual slope. Expectation is that American interest rates will rise, but only gradually, provoking a movement out of shares into cash.

EUR/USD Downswing may be half-fearted

        

If the present down-swing takes a gentle down-slope, then the indications are that it will be half-hearted and that a break through the "Wall of Resistance" is imminent in the next upswing.