A.M. Look 6/6/17

The board is decidedly Risk Off.

30 yr. Bonds are bid over its 200 DMA @ 156.05 (June) with Gold

and Yen strength in lock step.

Gold…100X3 P&F
Inline image 1

 

Gold/EURUSD…broke out over its 200 DMA.

Inline image 2

 

See how New York responds to the overnight price action.

I’d be very cautious picking a low until later in the week as i think you have a chance to see NASD 100 fill its pit gap @ 5823.
This entry was posted in Archive and tagged , , , , , . Bookmark the permalink.