Thursday, March 31, 2011

3/31 1:10

SP futures have respected their 30-minute M/A.  Break point is any 30-minute close below 1315.50.
I'll be shorting silver on any hourly close .7% below the hourly M/A (red), currently at 37.20:
The Euro would complete 5 up with another high.
However, if DX futures rally to a 90-minute close > .55% above the blue M/A then it is a buy.

The daily M/A (green) concurs with this:

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