Forex/Futures Outlook 07/09 - 07/10

greenback

Well, have to travel again starting tomorrow. Will be back on Fri only. I will only be able to give a daily outlook without daytime update.

Let's start with Forex:
EURO is in uncharted territory ... reaching a new low and reversing ... let's see which trendline will stop it ...



USD/JPY has made three pushups. The third is too weak. I think the upward movement is gone ... it's time to try downward.



AUD has also turned bearish ... let's see which trend line will stop it ...

greenback

Now bonds:

ZN has resumed its new trend for some time.



ZB is posed to break out too.

greenback

Nothing has changed for GOLD ... still moving within the giant triangle.



As for CRUDE let's wait for it to touch either of the tow trend lines first to assess its next move ...

greenback

stocks are not looking good in the longer term ... now the rally merely looks like a bear flag in both ES and NQ.

The only thing bullish is that TF is very resilient ... so traders still think domestic US economy would be fine, but large corps/internationals/financials won't fair well in the next few quarters ...

silicon_beaver

Laoda,

Have a nice and safe trip.
DTers are waiting for Laoda's back.

kdkboy

还以为你们动手了哪，目前没感觉，旁观，看美元是否突破，俺的第一感觉是不能突破

chickencoop

Thanks, Green Laoda.

kdkboy

油的第一上行，从目前来看，没有以前势头那么猛，上下未知

我的想法
1：油下测82的50MA，这要和大盘配合，如果SPX上去了，油肯定不会去82了
2：上下震动，同学们不要指望油天天像火箭狂飙，我觉得拿的好位置，还是不要动了
3：SPX如果不好，油会去哪里

到底哪个我不知道，反正我是Intraday DT

greenback

kdkboy 发表于 2012-7-9 10:30 PM
油的第一上行，从目前来看，没有以前势头那么猛，上下未知

我的想法

Good thinking! I'm bearish on CL ...