Wednesday, April 15, 2009

RETRACEMENT SCENARIOS FOR A PULL BACK


Dollar pulls back from its high at .8564
currently at .8544
Bonds fall from their sudden up move as fast as they rose taking the up move all back
Dow moves up off its morning low, off about 15 points for now
Oil continues to move higher
Euro moving up very carefully
Yen trend is down over all short term after peaking at 1.02 earlier
Gold volume is light for now