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could see a rebound of some kind (I cannot see chart for 20 minutes, have to be out) around here, but i expect the rebound to fail.
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We're going to have a really nice trade on Cotton going into next week where a couple cycles are lining up. Could be a high or a low but cotton is surging even in the face of today's commodity smash so it could rise into that date in the price channel. Cotton is a big MOVER so this will be a great trade.
Cobra wrote:AUDJPY falls sharply, I think this time is for real, it'd put pressure on stock market. we'll see.
Cobra, what do you mean this time is for real? is this the real mid-term pullback or just for short-term pullback and expecting a revisit to old high?
Thanks
it's already fulfilled. I meant a real pullback and indeed.
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