Forecast for week August 15th 2011 ( $SPX $SPY $ES_F $NQ_F $DAX $CAC40 $EURUSD $6E_F) :

▼ As expected we had at least a technical bounce on indices. For next week, a bearish wedge is forming, so we still expect a volatile week, down, up and down. You know tango ? 1 step forward, 2 steps backward...
We had crazy days on $DANG and $SOL; +15%, +20% but still on the bottom of the portfolio. I start to be more optimistic on Questerre Energy (Toronto / Oslo) that adopted a good policy, more oil oriented on West Canada, less shale gas (a little slap for Quebec slow government ;-)


$EURUSD is in still an uncertainty triangle / range in short term and long term ! The only good surprise is that our Forex robots still do well those days but with less trades (targeting 50 to 100% annually with regularity and low drawdown) MAM Forex account on the way, so you will be able soon to invest with us.