A.M. Look 10/18/24

Nikkei is a t a weekly closing decision area.

DAX is off and going out of a consolidation pattern we posted weeks ago. European Banks are at resistance.

Gold and Silver are self explanatory.

Oil…the fever has broke and it will require some consolidation. The short end of the curve has broken out against the Long end.

It’s Friday and there is no reason to be short risk assets.

Risk spreads are Bullish.

Names are to be traded off their own technicals.

Monday Morning Yra will be joining the room for a conversation about setting up trades @ 8:00A.M. CDT, which will be recorded for the CME challenge.

There are over 600 teams from around the globe participating.

** Friday
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* Earnings expected from American Express, SLB, Procter & Gamble, and Fifth Third Bancorp

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