Forex/Futures ST for Week 5/13-5/17

greenback

Wheat is in consolidation after a slide, so still in a bear flag.

greenback

Overall, trend in commodities is rare recently. You'd be very lucky if you catch one.

greenback

By William L. Watts

NEW YORK (MarketWatch) -- The Bank of Israel surprised traders Monday, unexpectedly cutting its benchmark interest rate by a quarter point to 1.5% and announcing a plan to buy foreign currencies in an effort to check the rise of the shekel USDILS +0.8793% EURILS +0.9964%  . The moves come after the shekel rose 2.4% in the past month and 5.4% over the last three months, the central bank said, with the rise fueled by the launch of natural gas production from Israel's Tamar gas field; interest-rate cuts by central banks around the world, particularly the European Central Bank; and continued quantitative easing programs in several major economies around the world. The shekel fell 0.9% versus the U.S. currency to trade at 3.5930 per dollar in recent action. It traded at 4.6660 per euro, a fall of 0.7%.

greenback

greenback 发表于 2013-5-13 10:25 AM
By William L. Watts

NEW YORK (MarketWatch) -- The Bank of Israel surprised traders Monday, unexpe ...

"Bank of Israel cuts rates, will buy currencies": this triggered the bullish spike ...

北京哥哥

greenback 发表于 2013-5-12 08:54 PM
Wheat is in consolidation after a slide, so still in a bear flag.

老大，这个图是即时的？还是延迟的？最远可以看多长呢？

greenback

北京哥哥 发表于 2013-5-13 02:43 PM
老大，这个图是即时的？还是延迟的？最远可以看多长呢？

Almost real time ... but only for a few years, maybe five.

greenback

Okay, here is our daily recap ...

Equity indices are doing fine ... consolidating while making new highs ...

greenback

Further decline in bonds ... but may take a breath first ...

greenback

Energies still fighting the S/R.

greenback

Gold looks like it wants to backtest the low. Copper still consolidating above the S/R.

greenback

USD is strengthening further, but EURO may find a temp S/R here ...

greenback

See you tonight on commodities ...

greenback

Here is an update of our portfolio, it's doing great!
The two right moves in the last two weeks: exiting PTTRX and PETDX due to the retreat in bond and income generating assets.

greenback

Commodities are up across the board ... let's see whether this can form a trend in the end, which I doubt.

chinesebuffet

每周都这么多图， 老大辛苦你了！

greenback

chinesebuffet 发表于 2013-5-14 01:23 AM
每周都这么多图， 老大辛苦你了！

Thanks！

hahaa

乱了套了。
ES在大涨，HG，CL, 6E在跌， DX在涨. 怎么回事儿？晕！

看来就是应该各做各的，管他什么关联不关联。

greenback

hahaa 发表于 2013-5-14 12:08 PM
乱了套了。
ES在大涨，HG，CL, 6E在跌， DX在涨. 怎么回事儿？晕！

The fundamental of US economy is changing. We may be entering a secular bull market when FED starts to taper QE3.
I bet the US housing value will well surpass the peak in 2006 this time

greenback

hahaa 发表于 2013-5-14 12:08 PM
乱了套了。
ES在大涨，HG，CL, 6E在跌， DX在涨. 怎么回事儿？晕！

Another good macro point for the US economy is that China is no longer interested in high growth that has been driving up the commodity price. This is also good for the inflation fighting front by the FED. So I'm very suspicious that the commodity will develop a new sustained bullish trend in the years to come.

Of course, agricultural assets are different. They strongly depend on weather or climate changes.

hahaa

greenback 发表于 2013-5-14 12:01 PM
The fundamental of US economy is changing. We may be entering a secular bull market when FED start ...

因为手里有+DX和-6E, 一直没敢做多ES, ES的这段儿一点儿都没吃着，很郁闷。