adw, the smart money might be moving 'too early'sp, it's not...

  1. 1,937 Posts.
    adw, the smart money might be moving 'too early'

    sp, it's not often I agree with you, but a scan of the US charts with trading still remaining looks to have many indexes, bearish, but close to green, if not green.

    HUI's not looking back at the moment, so I think unless the UUP is backed by a solid 'breakout' of the USD itself. While the USD might rally today, it's yet to break out of it's current down trend with any significance at all.

    But you have to respect the market, and be ready either way. So far, I remain optimistic for bullish local market on Monday. I think there's too much to lose if the US markets retreat at the moment.

    ... and adw, the 'smart money' is where the returns are made ... where ever this happens to be.
 
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