At time of writing (Thursday 02:30 am),
· The Aussie dollar fell TODAY from a high of 1.08874 to 1.06656, the Euro from 1.44226 to 1.41874 (and both still plunging!)
· Similarly, commodities like Gold from US$ 1526 to US$ 1496, Crude Oil from US$ 104.67 to 97.50.
(Technically, the Head and Shoulder formation Is getting more prominent in ALL of the above Daily charts! – meaning, ...
With the ending of QE2 at end of June, and no QE3 to be implemented by US, I expect the “new” invested money from China to make up the “QE3”. Just like previous QE, the markets will be “stimulated” and highly likely to continue the bull run.