OK READERS. SO FAR THE OPENING REACTION ON THE IMF NEWS, THAT USD IS UNDERVALUED ONLY LEAD US TO A SMALL OPENING GAP OF 35 POINTS UP. WE KEEP OUR STOP IN PLACE AT 14905 OR BETTER IF YOU CAN AFFORD THE RISK 14930.
I DON'T THINK WE WILL REACH THAT LEVEL. IT'S THE GOOD OLD "BUY THE RUMORS SELL THE FACTS". TECHNICALLY IT SEEMS EUR/USD AND CABLE TOO ARE GETTING A BIT TIRED. IT'S TIME FOR A CORRECTION. I MIGHT BE WRONG BUT THAT'S MY FEELING. AT LEAST AS WE ARE POSITIONED NOW IT CAN'T COST ANY MONEY.....GOOD NIGHT FROM SPAIN
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