Wednesday 20 April 2011

Euro Collapse


DXY literally points away from its 2009 low
This should serve as a support
DSI USD bulls are at a low - 7% or so
USD should bottom here and rise from here




SPX
Still in channel




EURO
Points shy of touching 146
Euro bulls at 97%
The party cant go on for too long






This is the most interesting chart
This is the positioning of Hedge Funds on the long Euro trade
They have always got it WRONG
Pls read text on chart


A peak is near and hold a very high probability
Time to sell euro - buy dollar
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1 comment:

  1. Amjad5 May 2011 at 22:03

    Euro dropped 2% today .. interesting prediction.

    Welcome to the middle east.

    Give me your views on "Venture Capital Funding- and the risks modalities"

    Its Amjad from Dhahran

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