Last night’s lows in the Oil came very close to completing a 50% re-trace from the 2008 low of $33.
Aussie…102.88 will become pivotal..
The SPU & NASD will continue to be highly volatile….SPU/BOND spread was almost enticing last night during the Asian session.
The 30 yr. Bonds have gone as far as I thought they would go on this swing, coming close to 137.
This is a market to trade, not to invest in. The trades will be all one way until they abruptly change direction and run the other way…Lemming Effect Trading..
Today will be another technical day of trading. Pay close attention to your longer time frames for directional changes.
We will be out of office all day due to travel.
Model Trading Portfolio..Current Holdings
No positions
