Two new signals generated since last week.
Indonesia has developed a bearish pattern and thus looks very vulnerable.
USD index has posted a fresh buy signal.
Other than that we note that the major markets still are trapped in their consolidations whereas especially Asian markets have/are broken/breaking down in fifth (and possible ending) waves leading the race for new lows. This also makes the MSCI EM/Global ratio standing ready to take a dive.
Click here to read the full report:
http://www.easyforexnews.net/wp-content/uploads/2011/09/TF1509.pdf
Tech team
Skandinaviska Enskilda Banken AB