Moronic Maddening Monday
Moronic Maddening Monday
Anna here….
Well I mentioned this morning, that the gap down would be filled today and no suprise there. I mentioned if you were short this morning, please take profits as nothing has changed! The bulls buying on every dip, they have the cash the bears don’t have.
I must say I am so IMPRESSED with you guys that you stayed with the blog and kept posting today, over on Slope of Hope, they were discussing $100,000 cars. huh??
If you followed Zero Lite it lead you exactly where you needed to be. Below on the graph you can see where it started up to fill the gap.
The $DXY had an ugly “UP” day, gave back allot of it’s gains early on. The EUR/USD is in Wave 4 correction before Wave 5 to new highs. Which in my opinion will be a short shallow correction. Gold retraced much of it’s early morning loss and was down only slightly. I will say again that I am very bullish on GLD. It has clearly broken out of a bullish triangle.
you guys were awesome today and couldn’t have done a better job.
Geronimo had a fairly good day and I love it!
Geronimo/ES: +3 Points
2 Winning trades, 1 loss for 2 Points.