My system remains neutral on all the assets. Stay tuned for a fresh signals next week.
Buy 12/24/2009 USO 38.20 stop 35.22 - Stopped out.
Dollar Index (neutral)
Sell 1/15/2010 USD 77.36 stop 78.78 - Stopped out.
Buy 1/8/2010 GLD 111.37 stop 105.30 - Stopped out
10 year yields on a buy signal since 11/30
It's now in a retracement in an uptrend
Disclaimer: All signals are experimental and for entertainment purposes only.
SPX issued a buy signal this week, with SPX 1056 as the key pivot. Above 1056, the market will remain in a bullish configuration. A break below 1056 will reverse the bias to bearish. Whether this is a countertrend rally or the beginning of a new upleg is unclear at this point. No projections for the rally yet. Enjoy it while it lasts...