The Canadian Dollar is trending toward its target. On a pull back to the 0.78 level I will open more longs.
The pound had a weekly closing above the 1.35 level which is very bullish. Trading these multi year patterns are tactical nightmares though. This is the reason I placed my stop at the 1.329 level. I want to see a weekly closing above 1.36 to become more bullish.
Platinum made a weekly closing above the 1030 level. My stop is still at 990.
The weekly closing of the Yen indicates a continuation of the trend. A daily closing above 0.98 and I will add more longs.
The Nasdaq is moving quickly to its 13000 level. The weekly closing to an all time high is very bullish.
The Nikkei is quickly moving to the 28K target. A daily close above 27K will indicate another thrust higher is about to happen.
The New Zealand Dollar looks like it is about to start its next up leg on the daily charts.
I will be watching Silvers action closely this week. I do not believe silver is going to sit around this level for long. If it lingers around the 26 level, I will exit this trade.
