Well all I can say is this has been one crazy week! I am so glad it’s Friday I can’t even tell you…..:-) I am going to make this short and sweet, as I expect we bounce either today or Monday, most likely today I have serious support @ SPX 1050. They are trying to tank the $ to keep up the stock market (GOV) and buy the EUR. So far it has not be working for the last 3 days. There has been serious divergence from the EUR/USD and the SPX.

I expect a test of 1050 and then we might bounce from there so if you’re short look to book some profits. I have a mix of both longs and shorts to play both sides (hedged)

Gold is just getting killed again and the cup and handle is the only reason I am still somewhat long, but covered some of it yesterday!  Good luck trading today and I do think the bounce is only that and can be sold. The problems with the oil spill has me greatly concerned, along with the problems in Greece!

Good weekend and OXOXOXO ANNA