Follow this and profit…. simple!
I am sat here tonight thinking life is too short…
More on that next week, but for this week it will be so short and even sweeter.
The tactile demeanour between the Dow index and the 10750 level does in fact make my skin jump out and sink back below my bones…
The term ‘get a room’ leaps to mind!
This level, if broke to the upside, can lead to 11,000.
However, the next wave lower, (which I think will occur any day) will take the Dow back to within the 10200-10000 channel and even lower in April/May, possibly back to 9700.
For the $, this was held against a wall yesterday by the hands of Bernanke.
The $$$ lame defence helped the £ steamed ahead to create a wealth of buyers who began to circulate the 1.52 zone, like mice on Dairy Milk!
Anything over 1.53 for the £/$, must be capped (sell any buy orders/profitable longs) and sold over the next 3 sessions…
The Ftse WILL NOT break 5725, most probably not 5675.
I suggest selling if this drops below 5600 over the next 3 sessions, or indeed if it rises above 5700. Selling any level above 5700 will do.
That is it for this week, as I have never been busier, but not actually getting a lot of work done!
Please get in touch with any questions you have over the weekend.
I will respond by Sunday evening…
Very best to you and goodnight!
Matt $haw
www.fixedoddssuccess.com
P.S. Check out: www.fixedoddssuccess.com Now! Two new trades tomorrow, updates daily by Matt. Email fixedoddstrader@aol.com for any queries
