11 July 2009

Benchmarks : Weekly Update

  • USD index : Still stuck in range. Breakout points - 79.28 vs 80.90. Coiled spring ..
  • US10YY : 3.06%/3.11% beckons.
  • S&P500 : Still hovering around SHS horizontal neckline. Market undecided but pattern favors downside break.
  • Gold : Broke support at 920. Aim 860? Hard call given recent chop.

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