Saturday, July 9, 2011

Forecast for week July 11th 2011 ( $SPX $SPY $ES_F $NQ_F $DAX $CAC40 $EURUSD $6E_F) :

Not many graphical signals for next week. Andrew Pitchfork and resistance above are bearish or sideway action. No big trades to open.
EURUSD prediction was perfect :-). If it still follows the triangle, we should be up next week.
WHEAT long is doing very well and we will try to keep the position longer if it breaks the wedge. Stalking next SUGAR rise to short.
$DANG was amazing.  Only $SOL is very weak. Concerning European stocks, AIR FRANCE went down again. We will participate to SOITEC new capital. The nicest surprise came from QUESTERRE with a 17% rise Friday. It is still alive ! ;-)





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