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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
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Qingyu
manchester, UK
Posts: 1763
14 years ago
Apr 8, 2011 19:38
gun, if you get some info from GS, then do what you want. i guess crude will hold this high for months. not only mid east/japan, but also usdx.

i smell something about usdx, but not sure, maybe next month we will have big reverse on usdx. but at this moment i agree with dave's usdx comment. obviously big boys play some old games....
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Apr 8, 2011 17:34
One of these fine days yer gonna send me yer lines :-) Intrigued !
subway90
Posts: 1078
14 years ago
Apr 8, 2011 17:21
interesting.... didn't know it was 78.6%... but my lines are pointing there... :)
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Apr 8, 2011 17:16
Yeah 78.6% key level at 122.54. I aint lookin that far ahead yet.
subway90
Posts: 1078
14 years ago
Apr 8, 2011 17:12
i think oil is headed to 116.50/117 b4 we see any significant correction.... correction down to 103 b4 heading higher to challenge main resistance around 122/122.50...
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Apr 8, 2011 17:11
The weakest ingredient has been stocks
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Apr 8, 2011 17:08
113 to 113.60 next key level
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Apr 8, 2011 17:03
I assume you will act on some kinda signal or are the fundamentals telling you something ? Oil correlation chart been indisputable last 8 to 10 days !
Gunjack
London, UK
Posts: 1184
14 years ago
Apr 8, 2011 16:51
@Qingyu I will short crude...am waiting maybe next week as not keen on holding over the weekend and for it to spike up on sunday night asia trade
Qingyu
manchester, UK
Posts: 1763
14 years ago
Apr 8, 2011 14:40
well, someone short crude, but not me...
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