There are so many signals tonight I hardly know where to begin. I don't have time tonight to document the "win-ratios" as I usually do. I'll give you those tomorrow morning.
The following are all buy signals.
Stocks: buy the Russell 2000. This is a bullish signal for the S&P and for the NASDAQ, most likely.
Metals: buy gold.
Energy: buy Crude Oil, buy Heating Oil.
Currencies: Buy the Aussie Dollar, Canadian Dollar, Euro Currency, and the Swiss Franc.
Note: all these buy signals are correlated, so doing one or two will probably give the same result as doing all. Also, note that the buy signal on Euro is offset by a current short position. Therefore, one may wish just to be neutral, or flat, the Euro.
That's all for now. Most likely, they'll all be right, or all be wrong. If they are right, then the U.S. Dollar Rally is over. If you have been reading the BLOG, you'll know that getting this many signals in one night is highly unusual.
No comments:
Post a Comment