The dollar saw a bump up against the euro and the yen, but it quickly retraced.
All in all, my indicators came through the experienced unscathed, and barely changed.
The watchlist:
Psar bull signal:
| New this week, from the author of Liar's Poker, a look inside the Doomsday Machine. |
- KFT, analysis. Trading at $29.62. Next reversal at $30.10.
- SD, analysis. Declined to $7.84. Entry was at $8.17. I would close now for a 4% loss. The psar, pps and macd are all in bull mode, but the macd has started to decline, and the sto on Monday moved from overbought to neutral. This signal was a FAILURE.
- USD/JPY, analysis. Declined again to ¥90.25, further below the very near-term reversal mark. I would close now for a 0.5% loss. The psar, pps and macd are in bullmode, but the macd is declining and the sto has moved from overbought into neutral. This signal was a WASH.
- *WFC, analysis. At $30.25, moving through two reversal levels. Next reversal at about $30.63. (Note that this was mistakenly listed as a bear play on Monday.)
- AUD/NZD, analysis. New today. at A$1.2933. Next reversal at A$1.2873.
- GLD, analysis. Reversed sharply upward to $110.23, moving through two higher reversal levels. Entry was at $109.40. I would close the position for a 0.4% loss. The psar, pps and macd are in bear mode, but the macd is rising and the sto on Monday moved from oversold to neutral. This signal was a WASH.
New to Private Trader? Check out the Reader's Guide.
New to private trading? Here's a look at How to Become a Private Trader.
Topics:
Alpine Total Dynamic Dividend fund, Taiwan, gold, Intel semiconductors bum-bum-bum-buh, Kraft Foods, Sandridge Energy natural gas, Wells Fargo bank financial, Forex, U.S. dollar, Japanese yen, British pound, U.K.
No comments:
Post a Comment