Tag Archives: Dollar Index
Midday Missive
EURO…124 + a few was a good initial high. Looking at the Dollar index the worst of the short covering rally could be over. DAX…had a descent break and DAX/BUND spread is coming into the 200DMA support level. The worst … Continue reading
Dollar Index
The worm is turning. This is a topping pattern for the Dollar. Gold is getting to important resistance as the Dollar is trying to turn. Tighten up your risk.
A.M. Look 8/8/13
Stocks.. U.S. Indces…yesterday’s Mid-Week low should hold the rest of the week. TSLA…145-146 becomes support. Bonds… FX… AUD/JPY….held support yesterday. This is in a corrective profit taking phase that could reach 88.70 AUD/CAD…95.05 is resistance and the closing upside pivot. … Continue reading
Today’s Reversal levels for the Equity Indices
A close below these levels would be needed to signal a high for a sell off. Nasd 100…3008 SPU’s…1660 TFM…9931 Midcap..120770 SDS…38.62 (above) since this is a double short. The Midcap 400 is leading the profit taking. The Banking sector … Continue reading
Uncle Buck
The outside reversal week in USD/NOK looks to be a lock. Last week it was the Brazilian Real, UUP, and the Dollar Index The average big standard deviation move in a major currency is usually 8-10 figures. You got that this week … Continue reading
SPU
Right about now everyone should be thoroughly disgusted with the fact I wet myself at the high of the day in the index and took the money.( yes we all do it) The stock indices are all failing. The big … Continue reading