Tuesday, July 24, 2012

Storm Is Coming? Rain Coat Please!

Repeat From 2011?
  • Feels Much Like 2011
    • Europe is starting to fall apart once again
    • Major slow down in the United States 
  • Can I Get A QE Please?
    • A QE3 would hold the storm off
EURO
  • Euro Looking Bearish
    • Stuck in a strong bear fork
      • Needs to break above 1.26 to be Bullish
      • Break below 1.19 would be VERY Bearish
      • 1.19 last strong support