1/18 Daily Commentary

Stocks continue to trend upward.  I1 and Ben are, for once, in agreement.  4% SSO.
I'm short Euro from 133.88 with a stop at 133.91.  Today saw a 5 down and 3 up.   I'll be more comfortable once Euro declines below 133.65.  Head and shoulders possible here with a decline below today's low confirming.

The 15-minute, 67-unit M/A is next in line to fall, 133.65 should do it.
Gold peaked early and should be in a wave 3 down from today's high.
My strategy is to "spread" risk assets, long stocks, short Euro or long DX.