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Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

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Wednesday, February 1, 2012

Longs win again

DAX has broken through it's recent high

FTSE still needs to get there

Euro on it's way to 1.35 minimum

Oil  tried to break out of the bull flag yesterday and was pushed back..so probably quite a few longs were stopped out and maybe even more shorts stepped in..

Now need to see how it reacts .if it can hold these levels 98 -99 USD then I think we see another attempt at a breakout, measured move if a BULL FLAG 114


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