Fri 23 Sept

Originally posted Feb 16, 2011.
“When DOW/S&P500 correction gathers momentum I expect:
UP ~ USD, various USDXXX currencies, VIX Index
DOWN ~ EURUSD, AUDUSD, NZDUSD, GOLD/SILVER, Base metals like
COPPER etc, CRUDE OIL”

 
Equity [counter trend] bounce scenario looks possible and USDX is
very overbought after yesterday.
 
As mentioned since August, Gold/Silver is overextended and
significant correction expected. Daily chart downtrend strengthens.
GOLD daily chart 15 July 2011
 
AUDEUR long 0.7253 [c 0.7260]
USDPLN short 3.2886
USDCAD short 1.0256 [c 1.0298]
EURHUF short 289.86 [c 291.75]

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I read comments but they're not published. Troll IPs are automatically trashed. [crinia AT gmail DOT com]

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