A.M. Look 10/5/18

It’s payrolls Friday with the Spu’s & Nasd 100 in decision mode.

A mid-week shuffle high and the Indices are flirting with monthly reversal lower

This portends possible trend change.

Spu’s would need to sustain higher on the month (over 2921-22) for higher.

The spreads do not look as ominous as the possible qtrly double top in Spu’s.

I’ve attached Yra’s comments from last night.

I suggest you read it.

If the markets come undone late there will be no buyers ahead of a long U.S. weekend.

I will be monitoring my ETF’s as many have already puked.
This just shows that the volume is in these instruments, not the individual names.

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