GBP/USD...is trading into daily resistance with the weekly chart showing a potential bottoming pattern with a Friday close over 130.98.

Dollar Index…sitting right on its weekly trend line @ 94.30.

Spu’s are presently caught between 2175 and 2185.

They’ll need to sustain below 2165 to break anywhere.

Bourses are in a small retreat this A.M.

I’m in wait and show me mode thinking that cash is king and the less exposure you have to equities at these levels the better.

The previous 2 days I’ve been featuring the 2184-5 level as resistance.

Until that is closed above I’m moving to a neutral to slightly bearish stance on Equities.

Full Moon cruising in Chi-town.