The Long Dollar crowd was liquidated this A.M.
Euro was trading just above it’s 200 DMA @ 110.33 Cash ( 110.61 H Futures)
Hard to pick a high unless you try and line it up with timing later in the day or a low you absolutely love in the Indices.
Best timing for a directional change is either 2P.M. CDT Pit close or early Asia.
Now it’s the short crude guys in cover mode.
OIL...the resting pattern buy stops are @ 36.84, today’s ORH #.
Above, the Spu’s should catch a pretty good bid.
The price action that makes sense today is Long TBT and the weak precious metals going into a rate hike.
GOOGL...held it’s 50 DMA @ 736 which matched the low in the Spu’s
Both have to hold these last lows on a retest to avoid more downside.