Open Position - QLD 2000 27.89
UYG 7000 3.09
QQQQ - the most important level is the 30.75 , breaking this level and we can get 31.6 and probably much higher. the support level is at 29.6 .
USO - Still in a down trend no sign for a change.
EURO/USD - Still making a base at 1.275 -1.28
SPY - stll in a range long above 84 and short below 81
GLD - The gold is still at the trend line breaking 93.5 and we will see probably 100, otherwise we can see a beginning of a real drop. The gold is a babble but like any babble can go much more higher, especialy when the dollar/euro drop from 1.6 t0 1.275 and we are in diflation.
XLF - Is more then 29% down this year after a huge drop last year, the 8.8 still holding but probably not for long . Real long above 9.2 - 9.4 .
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