As I make it back home from my trip from Florida, I pull up my thinkorswim platform and type in /6E. This is the symbol for Euro futures for those wondering how to watch the Euro other than [[FXE]] , and if you notice, 1.23 support has been breached yet again.
This is the only thing you really need to watch for market direction as it is leading the markets. I am still short the market via [[TZA]] , but will also look for longs upon further weakness. One thing I am watching at the moment is [[UNG]] , the chart really looks like it is putting in a bottom, and I am close to adding to my position in SandRidge Energy Inc. [[SD]] .
I need to get settled in, so I will be back later with some more scans. For now, long live [[TZA]] , and the death of the Euro.
Welcome back. I charted the monthly FXE over the weekend, and I think we could easily see $120.
Updated post with chart, it looks like we may find support soon.
Glad you’re back to help walk us through this with your super helpful real time suggestions on moves– and hope you had a great vacation
EURO below 1.22, this could get fun. Long some FAZ with Le Fly
Back just in time
INDEUD.
how much lower we going? I bought zagg and etfc and am getting creamed on them..Do we still like those picks? high volatility should be good for etrade I think
Still in ETFC, sold ZAGG a while ago.
RC! are you still holding coin?
still in coin, will add to it at .85