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Thursday, September 27, 2012

Cara Community

Cara Community


Tables & Charts for Wednesday, Sep 26th, 2012

Posted: 26 Sep 2012 09:03 PM PDT

Bill Cara's Blog for Sep 26, 2012

Posted: 26 Sep 2012 04:00 AM PDT

CTA Trading Desk Morning Report

[7:00am ET] Good morning, Geoff here.

Last Thursday I posted the following chart of the US Dollar:

ggimage01_092012.png

At the time, I was saying that the S&P 500 was in an uptrend but it was technically overbought with sentiment getting too bullish so be wary of a decline. We were remaining bullish but had sell stops in place and were looking for a bounce in the dollar to possibly hit stocks.

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