3 M ED march 2012: PEI type 2 within a week

Catégorie [ Contat 3 m Eurodollar ]
Medium term (March 2012 contract): bearish
On a weekly basis, UW / LW spread is expending. A PEI is in progress for
our moving averages and our MACD. A NEI is in progress with our 23 months moving average.
Idea: lower as long as our MACD is not oversold
Bet: towards MM.
R = MW (99.44);         S = MM
(99.029), LM (97.987)
Short term: a bearish PEI type 2 is expected
On a daily basis, a parallel is in progress. A PEI type 2 will develop
early next week.
Idea: use bearish parallel rules.
Bet: powerful bear trend.
R = MD (99.376);         S = MM
(99.029)
Conclusion: bear trend for this contract (yield up) + rise for 10
Y contract (yield down) => special warning for stocks markets.
Position:  Previous: short; in progress: hold on; next: add short
position with a daily PEI type 2
.