I'm short the market,,,market is up in the nosebleed section.
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market is finally working some of that overbought condition off. This is normal in an uptrend, with a good shake we could get rid more weak hands, still holding my shorts...trade well folks.
Dow USDOLLAR index putting in a head and shoulder bottom on 2h chart.. but right at strong resistance. and neck line right now. If it gets rejected the 20day may hold on the RUT.
USD/CAD above the 20day...I guess you really cant have inflation without demand..LOL... speculative commodity bubbles only hurt overall consumer demand. I will still be buying this dip until it proves otherwise..
That was a good shake this morning, great for covering shorts. Waiting to see if DJI could make it to ema100 2-hr chart, we will see some short term oversold bounces tomorrow or the next few days.
order didnt get filled today... o well.. went into the day with this mind set long at IWM 83 sell IWM at 84.. the 20 day.. did not go short.. could get a few days bounce.. USD/CAD needs to lose the 20day.. EUR/USD bounce off 200day with a nice bullish look.
OXY above 86 is a trade here
USD/CAD bounce off the 20day right now.. lets see who wins
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