▼ Well, Indices and $EURUSD are doing better than expected. S&P500 (below) stays in the bullish Pitchfork, but could be facing a double top. A lot of Insider selling seen on big caps (AAPL, GOOG, GS...) ... and funds adding to short positions : not good.
$EURUSD is strangely very strong despite bad news like Spain downgraded, maybe due to Fed Quantitative easing expectations. I am long term bullish on $EURUSD but this looks a bit optimistic to me. And you know that big players need to move the crowd to be able to put their big money against it. So I still look for another big down, so they can short this market and find an excuse to launch QE3.
$CL, crude still in the bullish Pitchfork too. Nat Gas had a nice technical bounce, easy to trade, as written in our post 2 weeks ago.
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