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Saturday, February 27, 2010

USD vs Markets



















SPY supply level is at the 111.00 even. If the market is able to pop the clutch, this will take a lot of stops out and race is on to the 111.50 level.



















GLD supply level is at the 110 even. If this is broking next week we should see a higher gold market. Looking for a run to the 110.50 or better.



















USD demand level is at the 80 even or better 79.50. If traders take it to this level we will see a higher overall market for commodities and stocks.

Greece and other counties are "In Play". Watch for this Sunday's overseas action. March Madness!!