Euro…Euro/Everything Else…Trade Alert!

We have a home run in the Oil, we also have a good lead in the Gold.

The Euro bears have all capitulated today..run out on all the spreads, whether it be against the Yen,Metals,Oil, you name it.

My qtrly chart shows we’re at an intersection of some major multi year Fibs.

We‘re Selling the Euro @ the market ( or MOC) ” Traders Choice” against our Long Oil and Gold.

ETF traders…this is LONG the EUO double short Euro.

Straight Dollar traders ( those just short Euro)…risk looks to be a close just over 135.

We’re legging the spreads!

 

 

 

 

 

 

 

 

This entry was posted in Archive and tagged , , , , , , , . Bookmark the permalink.