Dislikedmaybe and may be not
Gold moving up
Oil moving up
I bet ftse moves up in London
dax moves up and es futures at 1200. Bull is back . We break 1200 we see 1270
None of the above are going to help usd this week.
Watch for break out of 1.3670. If this happens then not sure when gap gets filled . Maybe on way back down after dj tests 14400... lol ( just a joke of course but these days I am not sure if it is or not)Ignored
Yeah possibly... With earnings reports coming in over the next week or so it will be risky (Day trading only). If they come in disappointing it could trigger a big correction south, and I'm expecting them to fall short. The recovery hasn't happened enough to warrant great profit across the board imo... This will be a reality check for the Equity markets if this is true.
Now if they're bad enough it could signal a new round of fear and you know what that means for the EU, Yen, Equities, Oil, Gold ect.
I'm watching closely, and given this gap I'll be waiting for signals of the correction getting weaker to take short.
If the EU is able to close daily above 3850 then I'll be looking to build longs on a retrace but that's not happening yet (Pending a few key things I would want to see out of other markets, and only short term until it proves itself).
Time will tell.
Edit: Took a short on EU and GU with stops above 3720+ on EU and above 5485+ on GU.