Wednesday, April 24, 2013
Sunday, April 21, 2013
Dow futures
Dow Futures
Price has broken the uptrend (see chart). The price should rally to 14,612 to 14,660 area (see shaded area on chart). This is the area where I will enter short positions with targets of 14,256 to 14,132 (see chart). Hope this helps Sunday, April 7, 2013
Japanese Yen
Japan has declared war on its own currency as well as all currencies.I will get short at around 104.3 with a target of 100. Hope this helps
GOLD
If and when price hits 1587, I will get short with a target of 1540. My stop will be 6 to 10 points above entry. Depending on how the price action reacts at 1540, the next target should be 1500. Hope this helps
Target one hit
Target two hit
Target one hit
Target two hit
Friday, April 5, 2013
Thursday, April 4, 2013
Something STRANGE is happening!
NOTES
DOW YEN
Something very strange is happening. The Yen got slapped down today, as the Dow rose slightly while the T- Notes continue to fly higher... Normally the equities would follow the Yen and do the opposite of the T-Notes. So, when this is happening, it's usually a precursor to something BIG! Beware...Hope this helps
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