Sunday, March 13, 2011

USD Futures, we posted the chance of a slap down last week, and the blue line did it

The Yen is not being seen as a "low risk" currency now.   They will print, for sure.

That might increase interest in the USD.   Technically, although big daddy Pretcher been talking USD bull for years, it might not happen.   BUT in this conflicted market, be sure to also check out the COT below


I tend to want to watch the commercial  traders, they are usually early, and on the right side of the trade.   They haven't been net long in quite some time, they have been the past several weeks.

You can get these charts for free on a website, look on my page here

http://oahutrading.blogspot.com/p/investment-link-storage-page.html