Tuesday, November 23, 2010

Market view, Today and tomorrow

OIL, MT, HYG, JNK, IDU, PIN, SA and Eur/Usd confirmed downtrend today. However, charts wise, I think OIL should bounce here.

For Tomorrow, I watching TKC, IAT and EWZ to confirm downtrend
and TLT to confirm uptrend.

I did not have good day today. Got butchered on my XOM, F and EEM CALLS. BOT some more EEM calls today. Its below monthly S pivot though.

If SPX touches 1164 tomorrow, I am going very long...