The dollar index overlapped it's wave 1 and caused me to re-think my long. I've got an order in selling my long DX at 79.64. I'm holding the UUP until the Euro futures overlap their wave 1 down at 133.44. So far the high is 133.41 so the long dollar still looks tenable, but futures leverage is more than I like to stomach when against me. The cash Euro wave 1 is 133.4480.
So far silver and gold shorts look good. I'll post stops later.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment