Make Love with Market 坐爱大盘 2012-5-14

Friday Summary:  Market popped in the morning and briefly touched a key day-chart resistance, then directly dropped again and closed negative!! Currencies side, EUR CHF AUD NZD, as recently always, did not rebound much and dropped to new low!  GBP, we captured its short at yesterday high 1.6160-80 when briefly broken an important resistance , today dropped in a nice straight line and broken a key day support to new low! Bingo! CAD today we did the same thing when it popped to 1.003-1.004 area! and then it followed ES down to half way about the pop! Now we added it to our position play as the 3rd new long range short as we have been doing for GBP and ZS! Commodities downed similarly to new low area! ZS did exactly as we expected, downed from yesterday re-short zone >1450 to close to 1403 the 1st target area!

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