September 3, 2010

Weekend Post

11:35 - Minis wedging into the top of the channel here? Dailys don't say so, but the 30 and 60m do. Was that it or is the pop top 17, 31 or even 50 (near that upper green diagonal) what it wants?

 11:21 - My best guess for the dollar is that it is forming a channel down.MACD divergence on weekly does not look good.

11:08 - 10yr treasury, looks like a possible HnS to me at it nears resistance. 

10:54 - AUD/JPY consolidating. 

10:40 - Gold and the multi year wedge. It is consolidating.

10:26 - Minis falling out of the wedge?  That's 17 points to the 38% retrace. Minis up 2 at this time.

Leave comments, links or whatever.

I'll stop by on and off to check the blog. 

Everyone have a safe and fun holiday weekend.
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