Monday, May 17, 2010

Boring Post

Hoping for some downside/consolidation to persist into Thursday and if so, will be going long Crude Oil, short dollar and may be long some EURO.

 

Crude I might buy tomorrow or IF new lower low will be set ( for this week)

 

Probably will start from UCO with stop below 8.80sh…jut for bounce for now.

 

2010-05-17_2116 

Dollar…looks kind of toppy here, will keep an eye for the next few days

2010-05-17_2049

 

Still – I will REALLY have to see SPY hitting 111.26, but judging by today's action it might NOT happen and my A-B-C on daily is most likely not going to take place…no easy trade…

blog comments OCCASIONALLY powered by Disqus