I need Dollar sentiment to change so commodoties can take off
Most markets look to be in nice controlled bull flags after Friday's
pop up suggesting higher prices. Dollar was strong early this morning
but looks like it is showing its cards with this early sell off. I
think the safest position here is probably short the dollar although I
would not hang around in it very long. the weekly and daily chart
look very bullish and I would hope to get long in the next few days if
a pullback can give a low risk entry.
I'm ready for a good gold and miners entry for my system. these past weeks have been silly.
Going to go short Oil and S&P this morning.
Oil had a great topping pattern and all indicators seem like we will be going lower.
Though i'm quite bearish currently on equities. I have a feeling market might do nothing significant for a day or so.