28 Sept 2012

So far so good... We Ended the Month on a Bearish note for the indexes.  The write-up I had lastnight could still be in play for the DOW.

The Monthly that closed is important as all except for the Precious Metals have made reversal candles.  Everything from banking index, Currencies, to international indexes have put in reversal candles (bearish).

Anyone looking at the Canadian dollar should look for some downside pressure in the next few week to months...