Trade Idea for OMX

POST AND VIEW COMMENTS

The Poor Reaction seen after the stronger than Expected Housing Data is a Sign to us that the market is unwilling to buy into good news.
Sentiment is still negative and we would expect markets to range lower during the week until DURABLE GOODS ORDERS on friday.

We have Found the many traders are selling OMX.

And Many few traders have Short sell XAU (Gold) As well. And Expect for the gold to sky down.