06 February 2010

Benchmarks : Weekly Update

  • USDX : Firmly established uptrend now.
  • US10YY : Sideways. If anything, am tempted to sell TY around here.
  • S&P500 : Uptrend broken. Now we wait for lower highs and lower lows to develop. For this, periodic bounces needed and indeed, part of the game.
  • Gold : Am out of long Gold in USD. Still hanging on to long Gold vs EUR which is just about within its triangle.

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