Finally, the Euro rebounds. Question is, how long will this rebound last? If the EURO keeps on gaining ground for more than 1 week, we have to be prepared to see a bull market either in the Tech or Commodity sector. My indicator for a
Dollar trend reversal is for EURO to go
above 1.45
GBP is still underwater, means nothing for now.
If AUD keeps going up, be ready to see a commodity bull run.
You can play this unconfirmed bull run by getting small positions in
tech and commodities. At least until you hear something from the upcoming
OPEC meeting.
blog comments powered by Disqus