Spu…you now have a double top at 1181 and a double bottom
at 1169.50….Price action above or below is needed for the next move.
Yen.. a daily close over 82.02 Usd/Jpy will put in an outside reversal day.
This pattern would signal a top in the Yen and should be taken either by selling the Yen futures,( app 121.85)
buying the YCS or buying Usd/Jpy cash.
Canadian Dollar…a daily close over 101.10 Usd/Cad would put in a similar pattern in the Loonie.
98.76 futures
It’s early enough in the day that I am putting out these reversal levels..
I have higher tgt’s in all the currencies…A first sign of a turn would be a close in the UUP
above 22.45..
A hold in the stocks would lead me to put on some long exposure to xom with a close over 65
and HL mining with a close over 7
