Sunday, April 29, 2012

Things To Look Out For Next Week.

  • Election in France and Greece. May have some impact on Euro in short term. But commercials are still heavily long Euro.
  • Monday there will be settlement of about $ 9 billion Operation twist. Most likely markets will be in Red.
  • Expect one more push up in May 1 and 2.
  • McClellan Oscillator has reached that danger zone.
Do we still want to bet on more straight up?
  • Will watch carefully the test of the highs. If it fails , may be time to start building up short position.