I have my oil metrics... but I'd look to get short at this point for a swing rather than try and top tick it..(I'm lying, I'll probably ignore it)
I guess maybe for a hedge... but I think my hedge will be the spx today.
Yesterdays low on the usd/euro... which is what I track and not the dollar index... and I get some distortion because I don't track the Asian currencies... "GASP!!! you don't care about ASIA!!!" I love Asia. I'd point out that you have ancient cultures with ancient Mafia and Corruption. We in Europe and America have Government and corporate greed instead!
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SO yesterday the Euro dollar low was 1.485(new 2 or 3 day low) and it made a high after the close of 1.496 which is the 2 or 3 day high. So far... SO FAR it's a double top SO FAR.
right now we are at 1.487 which is very close to yesterdays 3 day low.
so the Yen made a high against the dollar on the 7th and hasn't looked back(dollar stronger)
gold is making new 3 day lows down $25 but it sort of looks like one swing and may need an upswing. but seems like it's disconnected from the dollar.
still .... We don't know!
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