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.
Hi Steveo.
ReplyDeleteYou 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
Posted your charts here too, with a link back.
ReplyDeleteNice contrarian indicator:
ReplyDeletehttp://www.cnbc.com/id/47415010
CNBC is almost as accurate as Barron's for calling tops and bottoms (at least local ones).
rUH rOH, BETTER CLOSE SHORTS!
ReplyDelete