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Market Wire Update:
The market momentum reads are very mixed on the 4 hour charts, on equity, commodity, and currency outlooks. That is the main reason the market is close to the overnight opening prices, and why it is very likely that the week will be closing out on the dollar index very close to where it opened. The European close at 11:00 EDT will be the last chance to see momentum play out, and by then it is very unlikely that there will be any volume in the market to want to move fair value on any asset class.
The U.S. markets are looking as though they may finish the week with a fizzle rather than a bang, and as such we are looking at a very quiet finish to the LFB Signal week. Unless something jumps out fairly soon, we will be closing the book and concentrating on setting up trade plans and trade analysis that can follow through next week. Trends and momentum reads are very mixed, and that is not a circumstance to be looking for high probability follow through.
Next week is loaded with CPI and global macroeconomic releases, and as such will offer plenty of Signal opportunity. TheLFB is close to launching a new notification of the Signals service, that will make it easier to stay mobile and receive LFB Signals directly. Full detail to follow soon.