Thursday, August 18, 2016

Warming up the Engines for the next moves on the Dow and the EUR

In my last post back in June, We celebrated our short call prior to the Brexit which we were able to net in 500 points on the Dow.

Based on my Model, I'm expecting a similar move and perhaps even a bigger move in the coming weeks. So lets tight the belts and get ready to ride on the next short move.

Dow Futures:18553



The EUR/USD seems to gain momentum to the upside, But I am a bit suspicious of that move and I think it is short lived, And perhaps we can get a good opportunity to look at a short sale if it reaches the 1.15 level.

EUR/USD:1.1355

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