Thursday 28 July 2011

Sentiment Data - USD CHF JPY and SILVER


SS SAYS

THIS IS AS OF 26TH

SENTIMENT HAS DROPPED ON USD

IT IS STILL WAY ABOVE THE LOWEST WE SAW EARLY THIS YEAR

BUT PRICE HAS NOT COLLAPSED AS YET

SO WE SEE A DIVERGENCE HERE

THIS IS BULLISH FOR USD IN MY VIEW ON THE MEDIUM TERM


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THIS IS CHF

BULLISHNESS IS AT ITS PEAK ON CHF


SWISS SAFE HAVEN STATUS IS IN FULL FORCE

I THINK THIS WILL REVERSE NOW

WE ARE AT 90 NOW

THIS IS AN EXTREME
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JPY

THIS IS JPY

BULLISHNESS IS AT AN EXTREME NOW

JPY AT 77 TODAY

BOJ LOOKS STUPID FOR THE INTERVENTION IN MARCH THIS YEAR

THEY SPENT 600 BN USD OR MORE

SUCH A LOSS !!!!

JPY SHOULD WEAKEN NOW

SENTIMENT IS AT AN EXTREME NOW

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SILVER



SILVER

WOW

AS I HAD SAID - SENTIMENT WAS AT LOW ON JULY 10TH , 2011 AT 30

ITS NOW AT 80

WOW

THIS IS A HUGE JUMP

SILVER ONLY WENT FROM 35 TO 40

SENTIMENT IS CLOSE TO 90 NOW - IT WAS ON MAY 2ND , 2011 WHEN SILVER WAS AT 49

SO NO NEW HIGH IN SILVER - BUT LOOKS LIKE SENTIMENT MIGHT EQUAL 90

THIS IS HUGELY BEARISH FOR SILVER

AS I V SAID - EXPECT SILVER NEAR 43 AND THEN WE WILL SEE A CRASH IN SILVER

SO IT MAKES SENSE

SENTIMENT WILL BE AT A PEAK AT 90 OR SO - SILVER WILL BE AT 43

THE CRASH WILL TAKE SILVER IN NEXT 3 MONTHS OR SO TO BELOW 30

SILVER LONGS BEWARE !!!!!!!!!!!!!!!!!!!!!!!


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