Charts I’m Watching: Sep 7, 2017

I’m focusing on oil this morning, so the regular array of charts will be somewhat delayed.  Not to worry, as our targets remain unchanged from yesterday.

The only updates relate to the EURUSD, which found no reason to reverse following Draghi’s comments.  The USD continues to drop toward our downside target.

continued for members

One other note, for those who follow such things…  Apparently a large coronal mass ejection is occurring right now.  There are those who believe such events correlate with significant market moves.  Details HERE.