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.

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