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Hot Option Plays: Euro Losing Support
Cusick’s Corner 05-29-2012 Equity action has been to the upside, S&Ps +.56%, but the Euro Currency, FXE -.33%, has broken critical support of $1.25 which is one of those flags that I try to keep an eye on. Here is what’s potentially flagging support in the Dollar, UUP +.09% — pressure on the metals, SLV [...]
Cusick’s Corner 05-29-2012
Equity action has been to the upside, S&Ps +.56%, but the Euro Currency, FXE -.33%, has broken critical support of $1.25 which is one of those flags that I try to keep an eye on. Here is what’s potentially flagging support in the Dollar, UUP +.09% — pressure on the metals, SLV -2.03%, so monitor these markets too. Still want to see upside thresholds broken, 1340 on the S&Ps, before there is any talk of this being nothing more than a bounce in a downtrend. See … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
