By Hedge Ly
GC is coiled up as the dollar is weak on a day where the markets are also weak including commodities. Peculiar i know, but it it is days like these when battles are won and last. Stay away from thinking and trade what you see. Focus on price and patterns, not the television and not your stock picking service. Trade your game. If you dont have a game, step back till you see your set up..
was the SPOOZ into the close as the 1130 level is a big one.. coinciding with crude lows and NQ .. WITH HPQ sinking, the DOW is finally reflecting reality down 477.. near a full on 100 point move if the 10870 level fails to hold.
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| YM 5 min |
