Tuesday, October 12, 2010

Euro - S&P500 Divergence right in the middle of the OPEX week

5 Reasons to be careful...
  1. Wednesday is the OPEX fulcrum day (where most traders have to decide whether they want to roll or let expire = high Option Volume day)
  2. The Euro returns back into the main Trendchannel (blue) after a 'throwover'
  3. ...and breaks the upwards Trendline (red)
  4. The S&P500 diverges from the Euro
  5. RSI on the Euro heads down

No comments:

Post a Comment