AUD/USD…75.40 (75.10 ish +- a couple in the Futures) is this qtr’s macro level.
Good above/Negative below
We’ve already seen a couple off big equidistant swings off this level.
The pattern, if completed, is bearish Aussie.
This could take into tonight to play out.
Euro/Pound is running into the 200 week Mvg avg.
The Pound could continue to weaken on the crosses if this level is sustained above tonight into London’s session.
30 yr. Bonds…bought them a couple of times today and am currently flat.
Still looking for an eventual 163.02-04 print.
The Dollar has been ripping all A.M.
Bond buying materialized just before London’s close. It was a very delayed reaction.
Equity Indices have been on the ropes all A.M.
Just keep in mind that the technical model is still up!
That means they’ll spend all day trying to rally to screw new shorts.
The only thing that matters is the close.
You need to see weakness after 2:30 CDT.
