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Pulling The Trigger


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Optimism follows denial and precedes fear.....the next chapter.

 

Fx,

 

The Dax is making/breaking a lovely bear wedge on the weekly. Nice short setup.

 

SharpChartv05.ServletDriver?chart=$dax,uu[s,a]waclyyay[de][pb10!b30][vc60][iud20!la12,26,9]

 

What's your longer-term outlook for the Euro?

Still looks quite bullish. Will they cut rates?

 

SharpChartv05.ServletDriver?chart=$xeu,uu[s,a]waclyyay[df][pb10!b30][vc60][ium12!la12,26,9]

 

Just dogged SMH. Hit the top of the Cmap channel and is reversing. I'm a bit early......so be it. Cmaps make me more confident.

 

SharpChartv05.ServletDriver?chart=smh,uu[s,a]waclyyay[de][pb10!b30][vc60][iud20!la12,26,9]

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meta,

yes DAX very vulnerable right now, while USA just goes down they HAMMER germany down, so i prefer going short DAX instead of S&P.

 

They will cut rates on thirsday, but i guess they will only cut 0.25, if so euro should fly, because it seems market has 0.5 priced in. If they dont cut there could ba a massacre in DAX. :lol:

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