18 September 2010

Benchmarks : Weekly Update

  • Bad day at the office yesterday and a mixed week overall. Good results in Gold and Corn offset by BOJ intervention. 2nd guessed myself too much in managing my S&P shorts.
  • USDX :No tradable pattern on my reading of the weekly chart. If forced, will say its down.
  • US10YY : Has reached my retracement buying (bonds) level at 2.75% so long TY position slowly being increased again. High thus far = 2.85%.
  • S&P500 : While this stays between 1050 and 1131, I will stay out, I swear.
  • Gold : Added to long on new high above 1265 and again on close of week buy signal confirmation.

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