On Wednesday as expected Gold close under 1600 after splendid housing data and vice versa impacted on Stocks though we are looking to sell stocks on higher level today as Dow Jones approach all time high around 14150. Eur/Usd shoot up as Italian bond buying was in demand therefore both Eur/Usd and Aud/Usd both achieved target and so do Gold.Following are trade calls for today,
- Sell Crude Oil at 93.00 stop above 93.60 target 92.30
- Sell S & P at 1523 stop above 1532 target 1512.5 or open
- Sell Dow Jones at 14120 stop above 14200 target open or 13850
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