Posted by racerick on 11th of Nov 2014 at 03:43 am
Dollar back up over 88 here and USD/JPY just made a new 8 year
high and looks like it's trying to flag. Oil just broke lower again
back down to 76.60 at the moment. NatGas all the way back down to
it's breakout from last week. Reports are cold wave may not be as
bad as expected. Covered my short UNG calls and stock when the
futures hit the daily 200ma, middle of the afternoon, looks like a
bad mistake now.
Gold managing to hang in here between 1145 and 1150 so far past
few hours. SPX futures up a few points. Based on usd/jpy action,
the upper target of 2077 on spx looking more and more viable. Hard
to believe we might make it in basically one straight shot up from
the V bottom.
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USD and early am update
Posted by racerick on 11th of Nov 2014 at 03:43 am
Dollar back up over 88 here and USD/JPY just made a new 8 year high and looks like it's trying to flag. Oil just broke lower again back down to 76.60 at the moment. NatGas all the way back down to it's breakout from last week. Reports are cold wave may not be as bad as expected. Covered my short UNG calls and stock when the futures hit the daily 200ma, middle of the afternoon, looks like a bad mistake now.
Gold managing to hang in here between 1145 and 1150 so far past few hours. SPX futures up a few points. Based on usd/jpy action, the upper target of 2077 on spx looking more and more viable. Hard to believe we might make it in basically one straight shot up from the V bottom.