Bo

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Markets Allocation
67 % forex 33 % commodities
Top Mentioned Symbols
USDMXN 33% | 2 USDCAD 16% | 1 CADUSD 16% | 1 M61! 16% | 1
Bo Bo PRO NGJ2017, D, Long
NGJ2017: Buying the April Natty Dread off a gap down, Fork bottom tine
32 0 3
NGJ2017, D Long
Buying the April Natty Dread off a gap down, Fork bottom tine

The fundamentalists and weather traders are all unanimously bearish. Now, that's bullish!

Bo Bo PRO CADUSD, D, Long
CADUSD: Canadian $ may duplicate previous incline upwards parallel
52 0 5
CADUSD, D Long
Canadian $ may duplicate previous incline upwards parallel

SImilar to the Peso, fundamentally, US would benefit from currency rise in both major trading partners.

Bo Bo PRO M61!, M, Long
M61!: The Mexican Peso has bottomed out with 'The Wall' issue.
34 0 5
M61!, M Long
The Mexican Peso has bottomed out with 'The Wall' issue.

Senor Carlos Slim will negotiate a positive future for Mexico and United States. A new dawn.

Bo Bo PRO USDMXN, 240, Short
USDMXN: Mexican Fiesta begin
65 0 2
USDMXN, 240 Short
Mexican Fiesta begin

Price appears to honor symmetry of top pattern, resisting at center regression line and finally letting go as right wing extension time concludes. Now will the descent match the previous ascent?

Bo Bo PRO USDMXN, 240, Short
USDMXN: Mexican Fiesta
43 0 1
USDMXN, 240 Short
Mexican Fiesta

Recent Moody upgrade of Mexico to coveted "A" rating gives it legs. Looks like cycle, double top type formation is completing. Mexican Peso now around 7.5 cents US. I'm looking for 8 cents. So, USD/MEX down.

Bo Bo PRO USDCAD, 45, Short
USDCAD: Top is In?
57 0 1
USDCAD, 45 Short
Top is In?

Excitement here. Bull needs to be fed, but have we run out of hay? Most interesting Friday reversal.

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