Full Moon Trading…
Spu’s and Nasd futures have both just traded up to pivotal levels.
I’m looking for a back and forth affair today.
Closing in this area puts the bears back into hibernation for a couple of days.
EUR/AUD…145.43 is the weekly ORL and the 200 WMA. 144.38 is the 50 MMA
and support.
I’m mentioning this cross since it can be a short term “Risk” indicator, which is presently into support and becoming short term oversold.I.E. Equity Indices can stall at resistance.
EUR/AUD…Weekly
EUR/AUD…Monthly
As my friend Tony like to say “Don’t lose your backside on a Friday”