Monday, May 16, 2011

The usual suspects

Swat down from the blue line on EUR/USD?   Just not sure, hard to predict more downside after a near vertical 6% down already occurred.







Cable, the "old" PRS seems to have come back into play, just like Euro, Cable seems pretty beaten down, hard to predict more down, I just don't see any clarity here.


Fear Factor, nothing astounding here, just more of the Tight Snout.   But odd that Fear as measured by the FF, went down as the SPX whipsawed up and down but mainly down.