Forex market commentary

INO’s Political Plays Capitol Hill is creating opportunities for big gains on Wall Street, make sure you know the political stock plays. This newsletter handpicks stocks ready to get a political push. Smart Scan Trend Forex market commentary confirms that a strong uptrend is in place and that the market remains positive longer term.

Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders. Chart confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Chart confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops.

Look for this market to remain firm. Chart shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops. Chart indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

When this action is over look for the longer term negative trend to resume. Chart confirms that a strong uptrend is in place and that the market remains positive longer term. Chart is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.