A.M. Look 11/1/24

Follow the Bonds for the initial wiggle.

Spoo & Nasd held their respective 50 DMA’s.

Nasd will run the show with prices action @ the weekly ORL.

Do not overtrade the level. It is a closing level.

So far the market has shrugged off Apple earnings.

The daily and weekly look very
different with Apple vulnerable under 225 on a weekly.

GoldinYen has held. Pay attention to se if this is just a weak retest higher or a short term bottom.

Oil has been and back and fill since I talked about it on the FRA Podcast. Pay attention to CLE/NGE.

Oil is a buy on very hard breaks for trading. A $72 print is needed to confirm the low.

Expect two flows today. Late day we’ll see if anyone is gagging for risk going into the election.

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