Nasdaq is showing technical strength by leaping well above 200 DMA.....while Dow & S&P 500 still below 200 DMA......
Gold Down $1.50
Oil UP $1.05
Canadian $ UP 1.36 cents to 96.31 US for 1 CAD....have been long CAD for almost 14 months & short USD in relationship with CAD..SO IF CAD goes UP against USD ..I make money.....
Portfolio is CRUS,LVS,NVDA,SNDK,TCK.....
Most stocks are UP.....
VIX down 10.58% @ 31.78
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
The end of the correction and the long road back has begun.
Best Regards
Hi Standards,
When Indices do not breach previous lows.....then the road to recovery begins....
YES...for several days indices were fighting in a range....
First 200 DMA then 50 DMA is the roadmap.....
Saleem
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