A.M. Look 10/5/16

ACIA...is up over 5% this A.M. The mid 111’s will be into mvg avg resistance
and a retest of its gap starting @ 111.75. This is an exit zone the first time up,
not a place to chase direction.
30 Yr. Bonds traded into their support and target zone overnight. There is a lot of data to be released this A.M. Let it set up before you get too involved.
EUR/JPY…just hit daily resistance at the top of the cloud @ 115.77 matching weekly mvg avg resistance. I’m looking for higher in the cross, however it’s Wednesday so you should not be chasing this direction.

Short-term traders should be patient and let the day set up.

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