Tuesday, September 14, 2010

Well well well

Today was one of those day when things just worked.

First, G/U bounced off hourly support and went flying.



E/U got many people wondering today (i.e. made them lose money), as everybody was shorting it after the hourly bear candle. Then Goldman came with a report about FED contemplating more QE and bulls ate all bears for lunch. Technically, we had nothing else than a bounce off the rising trendline.



E/J is continuing its rise in a channel. Nothing new.



E/G had a bounce off hourly highs. It didn't quite reach there, but the bounce was obvious.



-Tyler

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