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Stock Market Update, Outlook and Forecast

Posted on the 19 June 2013 by Souljester @souljester618
Watching key levels here. Fed really blew this up. My plan is either to short equities with a long wonderwood on Friday or if we snap the 13 EMA on the daily. We are flirting with the 13 EMA on the daily. I am watching pivots here to see if they break. I am going to wait until Friday to act with any short term Wonderwood positions. Two charts.  First, Gold is hitting a potential important trendline. Chart: Stock Market Update, Outlook and Forecast Second, my NZDUSD long position was stopped out at 7950 with the Fed. I have reentered per the chart below. This is consistent with the thesis, though I am still not sure it will work. Stock Market Update, Outlook and Forecast I will have a post on Friday. Peace, Om, SoulJester

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