Francesc’s Weblog » $/index, some further upside ahead….

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Francesc Riverola,
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$/index, some further upside ahead….

Posted on June 24, 2008 at 17:32 in Uncategorized by Francesc

"$ index continues it’s choppy trade since the March 17th low at 70.70, and with little to suggest otherwise, more of this type of market action is favored ahead. Generally would maintain the strategy over the last few months of trading ranges with a shorter term time horizon (closer targets, aggressively trailing stops) to keep risks at a minimum, and stay away from “chasing moves”."

David Solin, partner at Foreign Exchange Analytics

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