Tuesday, July 1, 2014

DOW Cruising Rally

Not Just Forex: 

The DOW and S&P continues to cruise towards making new highs at the beginning of the 3rd quarter. Entering the 1st days of the week already have signified the market's real sentiments at a significant sacrificial lamb for the USD still declining and opening a window of opportunity for the rest of its peers to gain more ground.

As CABLE have overtaken as the lead currency pair, alongside with the AUD (AUSSIE), and the CHF (SWISS) taking their cue on the USD weakness. And making 20 Pence for every 1 British Pound traded in the market since we called it; at these price levels can only get better while the market last. Cautious play can only be advised at this time!

However, the real highlight is still focused on our Stock Portfolio heading towards a remarkable price rally nearing the previous call we have made for the DOW @17000 and the S&P @2000 is in the making. Since it is a short trading week, we would be taking our end of the 2nd quarter trading break. As mentioned any positions left would then be carried-over for the third (3rd) quarter but likewise still be monitoring price action from the upcoming data.

Have a good 4th of July every one and again...ONLY THE BEST FOR YOUR TRADES!

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