Sunday 10 July 2011

SENTIMENT INDICATORS ON USD AND EURO


PLS SEE MIDDLE PORTION OF CHART
HEDGE FUNDS NOW ARE BULLISH ON USD
WHEN DXY WAS AT 72 - THEY WERE RECORD BEARISH ON DXY - CALLING END OF USD ETC


LOOK AT PUBLIC OPINION ON USD
IT BOTTOMED WHEN DXY WAS AT 72
IT WAS LOWEST EVER WE HAVE SEEN SINCE 2007
THE WHOLE WORLD WAS CALLING FOR AN END TO USD ETC ETC
NOW WE CAN SEE USD IS BEING LOVED AGAIN
PUBLIC OPINION IS MOVING UP ON USD
USD IS STILL AT 142VS EURO AND SENTIMENT HAS JUIMPED FROM 20 TO 50

THIS IS A TREND CHANGE

=============


LOVE FOR EURO FROM THE HF TRADERS PEAKED WHEN EURO TOUCHED 149
ITS MOVING LOWER AS OF NOW
HF ARE CUTTING LONG BETS ON EURO AND ARE GOING LONG USD NOW
THIS IS A MAJOR CHANGE


PLS LOOK AT CHART ABOVE
PUBLIC OPINION ON EURO IS MOVING LOWER NOW
IT PEAKED WHEN EUR WAS AT 149
NOW AT 142 - PEOPLE DONT LOVE THE EURO SO MUCH
THIS BLUE LINE WILL MOVE LOWER TO 30 - 20 RANGE WHEN EURO FALLS THRU 140 - 138 LEVEL

KEEP AN EYE

No comments:

Post a Comment