15 August 2009

Benchmarks : Weekly Update

  • USD Index : Pause in down move but chart still looks like in a downtrend. Sell rallies.
  • US10YY : The most difficult call of all. Alternating large black and white candles in the past few weeks = Directionless and whippy. Avoid.
  • S&P500 : Positive outlook.
  • Gold : No trade while within triangle as drawn.

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