GBP bulls caution...
Shorting FTSE and Dow today.
Commodities bulls caution. Commodo fx longs not encouraged.
Gold sitting at critical support level. Breakdown of 1180 aims 1050-80. Been bearish gold against 1350-1400 resistance. Hard to be bullish gold or commodos with USD on steriods.
Oil, WTI if 90 breaks down 80 is next target. Forget the Ukraine, ISIS nonsense. Bearish oil. I've been trading natgas shorts instead.
Iron ore, all time lows. I've been trading copper shorts instead. Very bearish.
Currently watching gold's bulls fighting to hold the 1180-1200 zone and SNB defending their EURCHF 1.20 floor. Interesting times ahead...

If you can't stand the volatility sit on your hands

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!