Author: Irving Johnson

As indicated in my last post, it was a key turnover day for the EURO(FX).  It is now a move form the 1.2800 level and today it hit 1.3100.  Of course, as indicated with the DOW, it also continued higher, though at best...

It has been a major move for the EURO(FX) {got it at 1.2717, hope you did} overnight to the upside which has not only taken out some important levels but is set up for an UPTREND to be initiated tomorrow.  Interestingly,...

Major breakdown in EURO(FX) on UPTREND initiated Sep 03.  “NO CONFIDENCE” signalled by EURO(FX) and DOW(which initiated an UPTREND Sep 03).  Key Price Area on EURO(FX) is 1.2800.  The DOW is 10316 and...

As indicated in my last post Sep 01, it was a key turnover day for all markets.  DOW is up over 400 pts and the EURO is up around 50 pts.  If prices hold at these levels, new UPTREND signals will be initiated. ...

This may be a key turnover day for all markets.  Specifically, the EURO, DOW, and CRUDE are now registering “NO CONFIDENCE” on the previous DOWNTREND signal and really only has to hold in this range to turn the...

The COUNTERTREND move in the EURO(FX) and DOW last week, which my followers were alerted about Monday last week [(EURO(FX) {+193); DOW(+223) on the move] may be coming to an end.  Still the Stochastics are rising and this...

As discussed yesterday, the triple bottom in the NIKKEI(225) has held and a COUNTERTREND move seems to be in effect signalled by the 78 point move last night.  If prices move above 9350, the BOARD will signal “NO...

The NIKKEI(225), which is in one of the more interesting chart patterns I have seen recently, again held right at the major triple bottom that has developed since December.  The saying is “You keep banging...