Tuesday, January 18, 2011

1/18 1:00

We have a 5 down in Euro and 5 up in DX.  Order in shorting Euro at 133.88.  DX ran up to the 10-minute M/A.  This plus 21 cents above will confirm the bull.

Meanwhile the Euro declined down to it's 15-minute M/A(red).

Sold 2% SSO at 50.74 to bring me down to 4% SSO.  It appears that we are in a wave 4 and I can pick it up below SPX 1287.

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