11 September 2010

Benchmarks : Weekly Update

  • Another rough week for Risk Off trades. Reduced some positions, cut loss in AUD/JPY. The lone bright spot = long Corn.
  • USDX : Confusing chart. No clue.
  • US10YY : Painful short squeeze (yields).
  • S&P500 : Within triangle still. Going to be very trying for bears.
  • Gold : Short term price action can be quite scary for bulls. But don't lose sight of the big picture = Up.

1 comment:

Stan said...

Hi,

Just to take note that US10YY broke a 6 month downtrend line.