Boeing seems to trending downwards along this channel and with quite a few technical headwinds providing plenty of turbulence - I see us landing at around 320 in the next few weeks.
Channel provides a potentially excellent Risk:Reward - I sold at 363 with a stop at 375 - buckle up!
I'll be honest - I've been wanting to find an excuse to short Herbalife for a while now. and the deceleration of highs is starting to suggest a stock about to take a breather from gains for a while - Don't think we'll see a collapse - but my money is on seeing $50 before we see $60
After the correction caused by Carney last week - I think the GBP will re-establish its steady recovery against the Euro. Clearly there are big issues politically - and that could derail the recovery, but the growth of the UK economy surprised commentators last week - and from here in the UK it feels pretty solid. I think ultimately we will see 1.20 before we see...
Looking for a pull back to target of 0.77792 over the rest of August - where we go from there depends on China numbers and US Labor data/inflation risks. Daily close above 0.79809 would cause a rethink - but the balance of probabilities suggests like were heading lower