I'm not one to take any serious notice of the analysts but from my last count 50% think we get a rally and the remaining think we sell off in the final half of the year....and that's just how it really looks technically.
I'm not opening any new trades today as it's freaky friday but my bias has not really changed...however it does have a 'But If' scenario.
Geppy is technically bearish on the weekly and has a limited upside to the 137 level but if we close above this..i will change my tune. The daily looks over bought and looks to be heading to the 133 zone but all this could change by the close of day.
My looney trades (USD/CAD) looks neutral at best on the weekly and can go either way and the daily is very similar..i think we get the full story to this on monday close as i'm watching 1.0500 zone. we close and stay above this then it's a buy..if not then weakness will set in.
Happy Pippin
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