Market Playbook

Looking for markets to get wild. The story here is shaping up with many of the charts lining up together in unison to form a very nice move. Lets take a look at first the dollar. The dollar is shaping up to go lower and would look to sell into strength. Looking at TLT we see it is shaping up to also find lower levels. However, keep in mind tomorrow we likely will see one last push to highs in bonds. Now, with these stars all lining up, the next move is for the indexes to put in a last push lower to give a nice buying opportunity for longs to get in for a continuation of the uptrend to test the highs.  Ill be looking to get long the trnsports and shorting bonds on market pullback tomorrow. Crude is also looking to head higher.

Advertisements

Leave a comment

Filed under Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s