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Wednesday, March 31, 2010

Out of SLV, China and Oil Look Good

I closed out SLV trade today. SLV looks strong. GLD is range trading with upward momentum. Euro is unbelievably strong today but at hefty resitence at 1.35 ish level.

Euro trade will stay on as that trend is down and trendlines are in tact.

China and Oil look good, both are trending up on daily and weekly (china is very close to confirming weekly uptrend)

Thinking of putting on a small FXI(china trade).

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