Posts Tagged ‘fxi’
Silver and Gold Broke Out
Silver and gold broke out. The charts have been saying this was coming. However, the issues with the Euro are probably what is really pushing this puppy up. I don’t care the reason though. Reasons are great backdrops for the charts and its nice when it lines up with the direction you want to be …
Charts of Currency ETFs and BRICs ETF
For this week (and possibly beyond) I have a technical macro bearish bias, but this upcoming Friday is pivotal and could change things. Today was a major shift, but Monday’s don’t count. Things can look great on Monday and then by Friday you’re totally engulfed in red candles. The following charts below include my bearish …
Please Do Not Comment On My Blog I Can’t Handle It
Wow what a day. After posting this chart last night the response was deafening. I hardly slept because I was up all night answering email questions. Well it looks like we got the golden arrow situation today. I was as confident as I could possible be yesterday at the close that the move we saw …
Bears’ Wet Dream May Be Ruined Today
Stay tuned….for a nut-crushing rally. Forgot to add to yesterday’s buys: -added to index longs at Rydex yesterday and picked up some FXI calls (forgot to mention this yeterday).
Chart of SPX Levels Based On Today’s Huge Drop
The Pink Line owns you. So that is the daily picture and this is the map that I should have been following to a T. I’ve been sort of following it. As far as trades go, I had to cover everything right on the open. Immediately they were all losers on the gap down. I …
