Dear Readers, Markets are close to a decision point. Are they going to make it, hopefully soon. We need the breakdown or we will go higher. Yesterday's move was in the right direction for a long term forecast, down, but not yet enough and not confirmed. Real confirmation will be if we get a weekly reversal in any/all of the indices. Gold Is breaking on the upside, but feel that until 463 is broken on the cash bases, there is no confirmation of the breakout. EURO firmed up today. It is either the last effort to suck few more on the upside or if it persists for a day or two and goes above 131.50 we could have seen the low in EURO for a while. Remember we are neither bull or bear until we take a position in one of these markets. At this moment indices can still go anywhere up or down. Just be ready and careful. Good Trading
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