Of note this a.m. are some closing momentum #’s
in the oil and Aussie around last night’s highs that need to be closed over.
These levels need to be monitored for further signs of a stock bounce.
We seem to be set up for a technical trade all day.
I like the Wheat against Yesterdays low for now, however a breach of that low will lead to lower
re trace levels closer to $6 in the (u).
Gold…1237.60 is the # to monitor for the next 2 days.
A Friday close above will be an outside reversal week to the upside. A price positive formation
for higher prices.
I still like the big low in the Eur/yen cross at 105.40 and the Aussie low yesterday 87.70.
Keep your Aussie stop at 87.70
seo analysis . .
