- Not too much change from last week. P&L small up on the week, chart readings same as before. Singapore elections occupying more of my attention than anything else.
- USDX : My dislike of the USD already well covered many times over in this blog.
- US10YY : Closed bottom of my 3.30%-3.60% trading range. Note much (yield) support around here (see congestion lows of Dec10-Feb11). Buy TY if we get a downside break below 3.30%. Otherwise its just a range, trenders stay out.
- S&P500 : Had been skeptical of all those calls for a top. Looks like I was right. Gone long on break above 1344.
- Gold : Reverse of USD. Rise in early stages of parabolic formation now. Will be taking some profits as we shoot up. But don't overdo the selling. Must remain long!
30 April 2011
Benchmarks : Weekly Update
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Benchmarks Weekly
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