A quick update after a couple of very weird trading sessions in financial markets ! Clearly the GBP bear is working ... i have no inclination to unwind a the moment ... The "New" FX market is loaded with piano catchers (Dip Buyers ) and as i said last week Cable over extends its over extension ...Ultimately this is a real mess and with no clear political solution we are further away from BREXIT than we were last week although we have to ultimately go down that route ...its the uncertain uncertaintitys .. its an investors night mare .

Stocks continue to trade , well , differently ... last nights asia session looked for all the world like we d get our selloff but again dip buying and all round back patting and we held some key levels ... Although i still wouldn't be surprised to see a MASSIVE SELL OFF in equities from here ... So much bad news NOT in the market ... Nasdaq 100 target still 3800 watch 17710/20 in the DJIA .. this might be our trigger for my selloff .. if it gives way easily we will see 1k off the dow over 1/2 sessions ...

Enough of this .. back with an update when it deserves in the meantime please subscribe using the form on the left if you like what i say ... any comments appreciated and follow the new twitter feed @contrarycalls

Good Luck