Trend model updated. Like I said yesterday, a very mixed environment. Did not get a pullback, but did not get extreme bullishness either. There were plenty of opportunities to be a seller, and I think those opportunities will exist throughout this week.
Commodities continue to go up (pricing in of QE). Meanwhile, currencies are pulling back nicely after all the rumors last week. Using the trend sheet, it's easy to pick the winners/losers and position accordingly.
Looking longs: energy
Looking short: euro currencies
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