Sunday, May 13, 2012

Sunday Charts

Hey Y'all drop a comment. 

Euro and Cable open first, an hour before the ES.

Euro and Cable both with a Gap and Dump.    DX also not trading yet.

My only long position is GDX.   Which can run opposite of the indices, but has a .27 positive correlation with the indices.   So it can, be the odds are still that it follows the indices.

Prior post on put calls was pretty bullish, but as another analyst mentioned, it wasn't at extremes, and I agree.   

It is getting harder and harder to post on blogger, its various systems, especially posting of charts, fails on a regular basis.    Blogger is run by Google.   Google is becoming a brontosaurus, a dangerous, large bronto.  



4 comments:

  1. @Marketrend from TwitterMay 14, 2012 at 12:38 AM

    Hi Steveo.
    You stll working nicely.
    Gold update short and Medium term.
    Triangle projection near to be complete at short-term
    Confluence areas.
    Key levels short and Medium term.
    http://followmarketrend.blogspot.pt/2012/05/gold-short-and-medium-term-view.html

    ReplyDelete
  2.  Posted your charts here too, with a link back.

    ReplyDelete
  3. Nice contrarian indicator:

    http://www.cnbc.com/id/47415010

    CNBC is almost as accurate as Barron's for calling tops and bottoms (at least local ones).

    ReplyDelete
  4. rUH rOH, BETTER  CLOSE SHORTS!

    ReplyDelete

Insightful and Useful Comment!