The most boring trend-following plan

Top scoring opportunities are all longs this week.

On 10pts, EUR/CHF, EUR/JPY

On 9pts, CAD/CHF, EUR/NZD, GBP/NZD
Also Dow and S&P

On 8pts, CAD/JPY
Also Brent and Nasdaq100

Relative to other currencies -

  1. CAD continues bullish but weakened last week
  2. EUR and GBP continue strong
  3. The big question obviously is where does USD go next?

The Dow and S&P are clearly over-extended, while the NAS has already entered a correction phase. What the NAS does about getting out of that will probably indicate what happens to the others.

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