US Markets- Jan. 13, 2010

As the DJIA starts to decline, breaking 10340...the dollar will be breaking out as well. As this develops taking a short position in EUR/USD could be very lucrative. The setup is already taking place...a drop below 10340 lights the fuse and a drop below 10235 confirms the breakdown. The latter part of the week with Aussie employment data, German CPI as well as US CPI and Retail Sales numbers... and of course Friday's Expiration's should make for a more interesting weekly close. The waiting is the hardest part. -Dio.