but this week's action make me think a strong upleg is coming really soon. In that case , 134x will be surpassed.
Basically, change of signs in the upcoming path. The opposite of what I depicted in recent EUR/USD chart....
http://youtu.be/OnoNITE-CLc?t=1m37s
muahhaha
CL was sold hard and TLT went to the roof. Definitely there is fear factor of EU uncertainty and concerns on global economy slowdown. However, I feel that Gold's move might be implying some massive QE coming (could be globally coordinated). thx
ReplyDeleteHi,
DeleteGet a look to spanish and italian indices and relative performance to US TODAY. You might see how "some" ppl know that the european way of QE is coming :)
GL