Monday, January 9, 2012

Euro Bounce ?


The Euro is completing a Weekly Tom DeMark Sequential set up which needs a flip above 1.30 this week to trigger the signal.
The Euro and the Prec. Metals sector seem the most prone for a bounce here.
If the Euro flips above 1.30 this week, then 1.34 - 1.38 could develop a reasonable target. March-April should be our first timingwindow. 














Bullish OptionPremium for ATM Options hint at a similar outcome.



As does the timing chart on the DXY.


How will this affect the rest of the market?

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