SLV : Week Ending 30/6/12

Maintaining a bearish intermediate view
But current smaller wave looks pretty extended.
A correction maybe imminent
Further downside paused for the moment.
Prices still below moving averages.
Hovering just below $28 support line.
With Dow possibly making another push
May coincide with the stall for SLV in the down side.

Risk Management :
$32 stop

Stochs/price bullish divergence......

DIA : down trend channel.

Trend channel down.
Unless 127/8 broken on the upside convincingly.

If broken, prices could go down to 116/7

Give it 12 to 16 weekly candles.

Stochs still topping, no reversal...yet
But probably forming a reversal.

Fwd: A take on FXA : Australian Dollar Trust

Subject: A take on FXA : Australian Dollar Trust

Aussie Dollar hovering around 100 again.

Where will it go ?

Will let the market decide.

Few interesting level and the triangle formation

95/97 level is interesting...in the event of a break of the support and neckline
82 maybe the next objective.....

105/107 if broken in the upside will negate this bearish view....

WA oil and gas next boom

Street Authority take on MCD

Markings A-B-C is the bloggers.

Gold : more to the downside...

Barring breach of $160 on the upside,
Gold's trend channel is down....

Now at important support level $155-$150

$$130 will be the objective to the downside.
Over 3 to 4 months

$20 movement on $150 entry
About 15% profit....

Risk/Reward : 1:2

EWS : Singapore Index

Trend channel down

Weekly chart....yr end.....9.0