Follow the yellow brick road.
Euro currency has bounced between its #’s twice yesterday for 100
point round trips. 105.50-106.50
The last break yesterday in the Oil was into the qtrly pivot @ 48.50.
51.35 is the next level.
Tuesday’s low was into 44.40-60 matching its 200 DMA.
I commented at the time that the XLE could not get low enough.
Not filling a gap with matching mvg avg & matrix levels should have you covering shorts.
No, I didn’t get long as I wanted no part of the event risk with OPEC.Trade at the levels to manage risk.
Not in the Middle!
Not in the Middle!
Gold..acts heavy. 1132 was the 200 DMA breakout from February which started a 200 dollar rally.
I’m looking for a retest of that level.
Sometimes knowing what not to do is the best information you have.
