The ES got close enough to 2sweeties' 865 level (the low so far, 867.25) that I took profits on my ES short (please note I don't tend to stick to the "get stopped out only" on ES trades, since they are so highly leveraged). I am flat the indexes right now.
I've been mentioning the breakout in EUR/USD ad nauseum lately, and this chart of the US Dollar Index shows the same concept (only in the other direction). This is a very clean H&S pattern, which points to higher oil, higher gold – at least for the short-term.
I have been updating stops and haven't had time to go through charts for new ideas, but I will……….
