Uncategorized

Time to sell the EUR

Short-Term RSI has gone below 50, and is really divergent from price.  I recently realized the EUR/USD pair are likely about to complete a H&S pattern…which if the target is reached will take us to 1.106.   Mid-Term Here the uptrend has been broken.  Some support at 1.116 and 1.10.     In other news, JNK has been …

Not so boring Euro

Real updates on Oil and Russell will come later (end of week?  not sure). Oil is kind of still at an inflection point though.  However I’m leaning towards bearish and a target of at least $34 but since it’s the middle of the week and I don’t track short-term oil, especially when it’s mid-session no idea …

Russell Rally; Target Acquired Juliet, over – Oil’s great inflection – Boring Euro

  Sorry for the admittedly somewhat inane title.  I seemed to have misplaced the creative (and serious) part of my mind at this time.  Soooooo…I missed some things.  But at least I didn’t make any really bad calls.  #PositiveAttitude.  Ok, now seriously let’s take a look at the EUR and what happened. EUR Short-Term I said back …