17 Feb 2014 (Monday) Market Update & Action Plan

Posted on Posted in Weekly Featured Articles
DAILY MARKET UPDATE FROM JOHN
Monday-17/02/2014
ASX – Expect to follow DOW going up for at least a higher high if not new high. Next MAJOR turning point is 28th February.
DOW/SP – still got 50% chance to hit higher or new high
Gold/Silver – Expect to top around late Feb.
Action plan:
1. Wait to short banks, ASX, DOW around late Feb
2. Buy BDR SLR on dips Wednesday/Thursday
3. Buy BDR SLR today (if can get reasonable entry) but sell all on Tuesday
4. Short FMG (focus) from 5.75-5.85
5. Hold AUDUSD Long and may close for report this week
Share This :
Facebooktwittergoogle_plusredditpinterestlinkedinmail

Leave a Reply

Your email address will not be published. Required fields are marked *