Friday, November 22, 2013

Lots of Stuff Looking Real Bad

These are just a few examples,
 HYG Credit can't and won't support the market, you can see distribution in 3C, that leaves carry trades, but we saw that looking bad earlier.

The Yen has an even stronger positive 3C divegrence, this will kill the EUR/JPY and any other JPY carry crosses that support the market.

This is the EUR/JPY with a negative signal and these are hard to get on the pairs.

And the 5 min Es chart earlier didn't look this bad.

You know the areas I like, volatility long, VXX, UVXY, Tech short, Financials like XLF short (or FAZ long).

PCLN short, etc.

I'll add some others that I like.

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