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The euro fell apart during the last week of January, the finale to what had been a very noisy and choppy sideways market.
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Trend Likely Causing Nervousness Among Speculators
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Trend Remains Ugly as Crucial Lows Get Contested
WTI Crude Oil has experienced choppy trading as nervous sentiment has stirred the value of the commodity, but as January approaches the trend higher is solid.
Powerful Sudden Bursts Become Common Place for Traders
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I believe that most of January is going to be about buying dips.
The NASDAQ 100 has had the Santa Claus rally, and now looks as if it is likely to pull back a bit as we head into the month of January.
The euro has been a great way to watch money get spent sideways for a while, and I suspect that the very beginning of January will be more of the same.
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The US dollar has been drifting lower against the South African rand towards the end of the year.
The beginning of the month will probably be choppy to say the least, because there will be a lot of people out there trying to put money to work for the year.
WTI Crude Oil has delivered a punch to speculative positions the past handful of days as the commodity reacts to nervous global trading conditions.