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Day: November 9, 2012

EUR/USD at 200 SMA

From the macro picture GDP has been slowing since the previous 2012 equity highs in April.  Now EUR/USD just hit the 200 day simple moving average which may act as some resistance at the very least.

Morning Thoughts Sept 11

As stated  yesterday morning, since we have come within 1.25 points of reaching our next upside target at 1440 on the S&P 500, we have gone  back to market neutral for the time being.  We must now measure how any consolidation looks like.  A shallow pullback with good support could easily push the S&P to […]

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