A.M. Look 11/28/18

The two volatility events today are EIA Petroleum report and Powell’s speech.

I’m expecting one back and fill in the Indices to yesterday’s highs.

Nasd 100 is leading with the spread breaking out above its short term oscillators.

Spu/Bonds..have the same look as the Nasd. Spread resistance is @ its 200 DMA which should line up with the Spu’s in the teens.

British Pound has stabilized showing a short term double bottom on the Point & Figure chart.

Looking to buy quality names

This entry was posted in Archive and tagged , , , . Bookmark the permalink.