Euro hourly chart looks nasty. Would love to see a bounce into the EMA either Monday or Tuesday to put on a swing trade short on the 6E.
http://content.screencast.com/users/j_michael/folders/Jing/media/b218ac6d-b0b6-4a2b-932b-c4441436627d/2011-06-10_6E_Hourly.png
I'm heading out...
Dollar looking strong on multiple time frames.
Hour Chart-
http://content.screencast.com/users/j_michael/folders/Jing/media/22c4d5da-8e96-4eeb-bb38-f6a6ec724ab1/2011-06-10_dx%20hourly.png
1-minute Chart-...
Hourly support failed. Guess we stay in the sideways range.
http://content.screencast.com/users/j_michael/folders/Jing/media/3dca727f-43f4-4472-b25f-c0a02447553e/2011-06-10_range.png
Hourly support on Gold failed as well. Looking like we might see a downdraft coming...
Looking at a daily chart, looks like Oil is at support fighting to maintain the uptrend. I personally think it will breakdown. But it will do what ever it damn well pleases regardless of what I think. My experience at least. :)...
Good Morning. Looks like we may find support at the EMA on the hourly.
http://content.screencast.com/users/j_michael/folders/Jing/media/da4f4924-097f-4f4e-856d-cdd873fbba2f/2011-06-10_CL_HOUR.png
More hourly charts, looks like Euro at possible support-
http://content.screencast.com/users/j_michael/folders/Jing/media/407c6363-e7b7-45aa-bd93-be341fe22af2/2011-06-08_6E.png
And Dollar at possible resistance-...
Looks like that OPEC news has gotten a pop above recent resistance at the 100 EMA on the hourly.
http://content.screencast.com/users/j_michael/folders/Jing/media/4ab6e2fd-04ef-4356-a15d-2b238c5b8e20/2011-06-08_CL.png