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International markets traders banter

Good intraday juice on the AUDUSD today. Both R and then S that I expected to hold ended up failing, but I'm doing ok today. Calling it quits until NY probably, lots of other stuff happening keeping me busy.
 
Some squggily lines,

52 week highs healthy in the latest push up to now,

NQ 06-12 (Daily) _ ^NNYH (Daily)  6_05_2011 - 22_03_2012.jpg

but my this squiggly Adv/Dec line looks like we have hit resistance,

NQ 06-12 (Daily) _ ^NUPI (Daily) _ ^NDNI (Daily)  27_08_2011 - 22_03_2012.jpg

Commods looking poor as well. I'd say Monday short the hell out of this sucker.
 
Some squggily lines,

52 week highs healthy in the latest push up to now,

View attachment 46517

but my this squiggly Adv/Dec line looks like we have hit resistance,

View attachment 46516

Commods looking poor as well. I'd say Monday short the hell out of this sucker.

Yen looked a little stronger last night too, might be one to keep and eye on over the next few sessions:2twocents
 
Most leading indicators still haven't picked up with the recent data, suggesting we will get a downward move in trend data over the coming months. This could really flush out the market, given the move we saw in bonds on 'good data', the real scare may be to the equity longs and the bond move simply diverting the attention.

April is more bearish than May seasonally, so I could see some starting to frontrun the month of April (I'm starting to turn bearish right now, but frustrating to see Asia once again try to move these mkts up). This all lines up with 52 wk highs/lows and adv/dec. Look out below I think!
 
This?
HSBC Flash China Mfg PMI: 48.1 actual vs. 49.7 prior
 
haha, I'm short to the **** also, but got flipped long on one possie right before tank. Still luckily short about 12 diff mkts right now and long the bonds! Asia was hurting my soul before that!
 
Yesterday I posted my squiggly Adv/Dec using the Nasdaq data and didn't look at the NYSE. Have a look at how sick the rally has been from the nasty drop around the 8th,

ES 06-12 (Daily) _ ^DECL (Daily) _ ^ADV (Daily)  3_12_2010 - 23_03_2012.jpg

Long the VIX anyone?
 
Better vol opportunities out there than the SP500, imho. Like I said, take a look at GDX or the Philly Gold/Silver Index ($XAU).

Yeah I was more so just commenting on the chance of increased volatility rather than a direct trade.
 
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