01 August 2009

Benchmarks : Weekly Update

  • Still in Risk Trades. Has required much faith to stay in.
  • USD Index : Weak close bodes well for bears.
  • US10YY : Clueless. One week up one week down. Triangle?
  • S&P500 : Technically bullish. 2nd consecutive weekly close > 944.
  • Gold : Triangle forming nicely. Wait for breakout.

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