Monday, April 18, 2011

Update April 18, 2010

Preparing for big transitions, watching markets lightly:


  • Big gap down on es and SPY today
  • Bearish momentum is strong, last two days of last week higher lows
  • trend still in tact - strong price targets around 1250+ range
  • Perhaps the dollar correction came faster than I expected
  • I would like to see most of the majors correct another 100 to 200 pips more (room for shorting majors vs USD)
  • continued consolidation above new support
  • moves inline with dollar strength today

Continue to maintain same expectations from Here

Analyze Capital LLC

No comments:

Post a Comment

This Blog has been developed by Analyze Capital LLC, and as an independent organization we provide “AS IS” information without warranty. The ideas and opinions expressed by the contributers of this blog are personal and do not represent the actions or policies of Analyze Capital LLC. The contents of this blog do not intend to assert recommendations or to offer advice of any kind. We are not responsible the consequences, be they gains or losses, that may result from using any of the information from this blog.