My guess is that or we are done going up or just a small upside, maybe 1120/1130 before we see a major downside movement. I will start adding short positions starting tomorrow. Hope that tomorrow morning here in Europe people start buying excited i don´t know why, which will give me nice price entries for the rest of the month. I will start shorting CAC40, IBEX30 and some S&P500. EUR/USD, AUD/USD are on the cards too.
Oversold Treasury Bonds Nearing Rally (Elliott wave analysis)
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We still believe there is a bullish opportunity nearby for treasury bonds,
although the support areas we identified in our September post failed to
hold....
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