I would look for some position squaring late day, particularly in the Bond
market as cash trading is back up today, but should be extremely light over the next two sessions.
Look for a mid-week high to resell the Bonds. Hopefully this will align with a break in the financials to allow some trade location.
Gold...today you’d need to see sustained price action over its 200 DMA @ 1262.70 for
any short covering.
Holiday schedule…Yom Kippur
The next DMI will be published Thursday 10/13/16 for trade date 10/14/16
The next A.M. Look will be posted 10/14/16
The next A.M. Look will be posted 10/14/16
If i can help in anyway please be in touch today.
To all my family and friends have a safe Holiday and an easy fast.
La Shana Tova