The Traderszone Network

Published in TZ Latest News 23 August, 2015 by The TZ Newswire Staff

The Full Monty On The Weeks Meltdown

Global stocks were dropping on the back of some weak Chinese news is the way the media portrayed the event. Is that what really happened? Definitely not. The market internals have been getting weaker for months as the RSI shows on the Dow. Commodity demand has been dropping if not plummeting globally which I believe illustrates the lack of global economic growth. The US Dollar ($USD) has gone sideways after lasts years acceleration from July 2014 to January 2015. But commodities have continued to fall, even though the $USD is a lot weaker than January.

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