Wednesday, October 26, 2011
Euro Reversal Signals Top, Stocks Might Follow
Yesterday I said I suspected the euro might charge quickly toward 1.4000 before topping and sharply reversing. That's exactly what happened. Although I got stopped out on the sharp new high, reshorted a few minutes ago because this looks like a top was put in. If so, stocks might follow soon.
Free Trader's eBook Until November 7th, 2011 from EWI
PLEASE NOTE: THIS IS JUST AN ANALYSIS BLOG AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. THE DATA HERE IS MERELY AN EXPRESSED OPINION. TRADE AT YOUR OWN RISK.