Thursday, June 7, 2012

Market update


My stance on the markets:

US markets (DJI/ SPX/ COMPX) - Bullish - 5% stop
Commodities (/CL, /GC, /SI) - Bullish but I would be a seller of /CL which is the weakest of all in the group here.

Basis of the above stance is short term using daily charts.

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