As far as I'm concerned, I think people already know the Chinese numbers will be bad, so I'm expecting FEAR, and that means LONG, USD, JPY, and CHF this week (of course against EUR, and GBP), But more importantly , against Comm dolls (AUD. NZD, and CAD).
"But, Shomari, Comm Dolls have had grat numbers lately, what gives with the shitty analysis ?!!!!" Well, TRUE, BUT China is "the world's manufacturer, and that means when they slow down, commodities are less in demand (read back a few weeks, when I posted the article about low energy consumption in China, and how that is used as a mojor indicator globally, to guage the Chinese manufacturing outlook going forward,)When commodities are less in demand Comm Dolls go down,
So I see weakness in EUR, GBP. I also see weakness in AUD, Nzd, CAD, if Chinese #'s are bad.
Finally, overall, this week, I see a flight to safety week, RISK OFF, which means we go LONG USD, and JPY (stay away from CHF cause they might intervene, but some valid trades could possibly be made)
of course I could be completely wrong, but that's where my heads at so far this week.
USD, JPY,......LOOOOOOOOONG!!!!!!
"But, Shomari, Comm Dolls have had grat numbers lately, what gives with the shitty analysis ?!!!!" Well, TRUE, BUT China is "the world's manufacturer, and that means when they slow down, commodities are less in demand (read back a few weeks, when I posted the article about low energy consumption in China, and how that is used as a mojor indicator globally, to guage the Chinese manufacturing outlook going forward,)When commodities are less in demand Comm Dolls go down,
So I see weakness in EUR, GBP. I also see weakness in AUD, Nzd, CAD, if Chinese #'s are bad.
Finally, overall, this week, I see a flight to safety week, RISK OFF, which means we go LONG USD, and JPY (stay away from CHF cause they might intervene, but some valid trades could possibly be made)
of course I could be completely wrong, but that's where my heads at so far this week.
USD, JPY,......LOOOOOOOOONG!!!!!!