Periodic Comments and technical analysis of the S&P500 and the markets in general. Specific comments for extraordinary stock movements.
Thursday, June 30, 2011
Eur/Chf update
EUr/CHf bounced back to its 20 day MA around 1.2091 which has been acting as a resistance since mid April. It is a good point to try going short with a tight stop. I already added some short term position here with a gradual exit after 1.215.Check the daily graph:
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