Archives
Loonie … an update
Posted on January 25, 2016 Leave a Comment
the loonie fell 700+ pips in 3 days. that’s a big move in the currency markets .. so, where are we now .. appears we are in a rally that needs to get shorted (LOONIE strength) here’s the charts I’m using …some really strong levels on the $OSX. not sure which one will be hit, […]
Loonie, time to get long …
Posted on January 22, 2016 Leave a Comment
I missed my entry at the .786. (was on travel) That’s OK …what I’ll try to do is do a real time look at getting into the first retrace. Here’s the charts … Relative Strength of the $OSX / $NYA. note, the AB-CD is a little lower but believe we are in the zone for […]
Loonie, the Dollar and the Oil Services Index
Posted on April 1, 2014 Leave a Comment
CLIFF NOTES: USD support for BUY opportunity shown//very important divergence present in OSX and LOONIE vs USD. for the life of the data they have moved opposite but for the past 2 years they have rolled together. while they have lead/lagged they have, essentially, been doing the opposite at tops and bottoms. When one tops the […]