Thursday, June 16, 2011

Today's Tarots

A few comparative analogs worth watching as the market digests the stream of information coming out of Europe. 

Fractal from August 2007 (hourly) continues to move in lock step fashion. Market should bounce quite hard in the coming sessions from ~ 1260 according to this script (see previous post).

10 year yield (daily) analog from November 2007 is also indicating an approaching bounce within the coming sessions. 



Here is an update of the fractal post close Thursday (here). 

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(Position in UUP)

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