A.M. Look 10/12/18

Keep on your track shoes.

Yesterday’s low split my macro # sets for a big std deviation move back up.

Whether this move is just a trading rally or the ultimate low remains to be seen.

It will take into next weeks mid-week shuffle to confirm.
Such is the nature of technical models which are lagging indicators.

I’m a buyer of hard breaks today given the Euro failed @ 116 and the 30 Yr. Bonds failed
@ oscillator resistance.

The first 2 charts are SPU 50X3, which take 46 points to reverse.
there is a discrepancy with how the data is collated which CQG is attempting to remedy.

The lower chart is Nasd 100.

I’ll leave these up and running all day in the room

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