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Thursday, August 23, 2012

Thursday 23rd

Good Morning

Well we saw the Fed minutes and there spin on it.
Markets is still doing its thing where its slowly crawling higher.
Gold and the Grains are also climbing as stated a week ago.

So where to next ???

Today look to cover your long positions before the Thursday close.
Tomorrow I have some very negative astrology which all combined should swing the market lower.

Mars moving into Scorpio and the moon also swinging into Scorpio should freak out the market.

Therefore today I am looking to short the market around the 1417 area..
this is only for friday set up so use caution.
It could lag into monday and tuesday but I am looking for a 1400 test.
If we get that friday I will take my money if not it will depend where we close if I want to hold over the weekend.

One thing to watch is the A$...
The A$ has some very aggressive negatives coming through. so pay attention to it.

Anyway use caution ..


As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.