Another small change in McClellan Oscillator on friday. we got one last week and a move up. This week another big move coming- again either up or down but definite. Oil daily & weekly full stochastics topping Bounce due in dollar. all not looking good for euro. Dollar sold last week but bonds had buying across the boards. Along with the amount of advancers decreasing versus the declincliners despite the market going up- a synonimous sign of topping action.I'm ready to make money this week.
If we dont sell EU from here, we're 50 to 90 pips in EU away from dollar index key support(77.69) which it could easily kick off.
When this dollar does rise I'm looking to sell Aud/Usd or EU because usd will destroy commodities including gold