Midday Missive

Platinum… is at daily, weekly and monthly resistance.
1428 is the 200 day mvg avg.
This is an exit zone or a level for day traders to try a contra trend trade with a couple of dollar stop to see what you get.
USD/JPY..has been range bound and has yet to close back over 103 (under 97.00 Futures)
The NASDAQ will be the feature..
it just put in a higher high which will attract short term sellers who will trade against this high.
I’m not biting.
Call spreads in the VIX would be a better idea for the plungers.
Day traders…trade what you see.
It will be a late day game
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