16 Sep
#eMini Trading Levels & Leaders Update
Posted in Gold, Intraday Analysis by Bob English at 10:41:58 1 Comment10:41 am EDT: EuroYen has reversed up and 30 Year T-Bonds have reversed down, which both now confirm equities and gold strength. Though fading the 1053.25 resistance area on the open into the gap was a profitable trade, we no longer look to short at these levels. We will likely not take a position unless and until the day session range is broken (1047.75 to 1053.25) and then trade in the direction of the breakout.



Pre-open eMini S&P 500 Morning Report | The Precision Report
on September 17 2009 at 08:51:24
[...] Analysis: As we updated yesterday, the leaders are confirming the strength in gold and equities, with correlations that match the [...]