- 2QGDP print of +1.6% v E+1.4% NOT = all clear for the economy. Time to hunker down while the inevitable correction plays itself out.
- USDX : No view. If forced to make a call, I would say still down trend.
- US10YY : Reversal weekly candle. As before, keep room to buy a sell off towards 2.75% where risk reward favors long TYs again.
- S&P500 : Closed right on the weekly line chart support at 1065. Brace yourself for more choppiness.
- Gold : Positive outlook intact.
28 August 2010
Benchmarks : Weekly Update
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Benchmarks Weekly
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