We turned down this morning nearly exactly on my $12,400 call back in November. As of now buyers have stepped in and bought all that up. After taking a closer look last night, I believe the DJIA is headed higher or will be bound to a tight trading range.
As for my most recent post on EURUSD, we’re still diving toward 1.25 as i expected. It will be interesting to see the news out of the EU when we reach the 1.25 mark. It’ll be do or die at that point.
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the dow isn’t quoted in dollars.