Hmmm, didn't pay attention to COT Data of USDJPY ... Should have done! Expecting 115 by end of month, 120 by middle of December and break of 125 beginning 2017.
USDJPY rising, US30Y back above 3%, we had a crappy Volume in recent days... So I'm back on short side with DUST JDST. I hope It's the final decline.
Scary Chart!... What will it mean for US30Y/US10Y/TLT ? Should accelerate after FED Hike, but the Problems it will bring to Stock Market, Commodities are enormous.
I am aware that a technical correction is due - not just from stochastic and rsi - but increasing divergence between futures and options point to a July 2008 or April 2013 Event. There will be a strong move.
A technical correction is overdue, but if it is strong enough we are in danger of a technical catastrophy of a head and shoulders formation targeting a new low. So, Bulls... Selling is the better option...
Expected the low 2 days earlier... A long for the next few days is OK. Targeting 22.50-22.90.
Europe closing and reduced trading in US. Perfect time for a short attack....
Just a view on Gold against a currency basket. This months low should be in. Reasonable to start a long. On break of support the different way...
usdjpy going to 112... gold below 1200... worth a try!
let's have a look if this will happen. for sure at some time we will get a breakout fro this channel...
we seem to have a breakout from the 7 week downward channel... reentering long position
Seems the next year Target should be in the sub 1000 region....
As expected on my last update the positioning of commercials dropped another 1-2 %. In addition the amount of open interests increased further. We never had such a decrease of about 10% in 3 weeks before in addition to such an increase of open interests. This is extremely BULLISH. From the data my next target is in the range of 55-56, BUT one wrong word about...
The really good news is that this year we won't go to the sub 1000 region... We could see a correction to the 1230 region, but it will be the last attack by bulls...
Thinking again about my last summer idea... Expecting decline till 1080-1120. Maybe a rise till 1280 (red line) and a drop back to 1150. By end of 2017 inflation should catch up to justify my 2400 Target by 2020.
... if yes, sell PM & Miners & Crude and run for your life...
Just a stock pick worth considering since this week it goes IPO at Nasdaq... Late stage Phase III clinical trials on antibiotics against multiresitant bacterial strains are promising.