Tuesday, November 24, 2009

11/24 Watchlist

EUR/USD is showing a new pps bull signal, unconfirmed by the mfi which, like the price, has been swinging sideways in a fairly narrow range.

No change in the other indicators: bear mode for SPY and TLT, bull mode for GLD, VIX and USD/JPY

Holdings: The GLD mfi has decisively pierced through the overbought line heading south, which is good for our bearish position. UNG is unchanged from this morning.

No scans for new trades today because it's a holiday week, with less liquidity.

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