Friday, April 8, 2011

Firday 4/8/2011 - Markets are trading side ways (boring)

I have my stops tight and ready for a dip and a sell signal on my system.  UYM has been strong and did get into a position back on 3/21.  I keep looking for the US dollar to bounce and it keeps drifting lower.  Stay with that trend and have commodity exposure like DBC, JJG, SLV while US dollar trend is down.

Stay with the trends and this one has run out of steam.  Keep your eye on the trend and follow it.

Have a good day.

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