A.M. Look 11/5/20

Spoo…third gap up in U.S. session should lead to at least one little back and fill to 3480 during the U.S. session.

Point & Figure high matching the oscillator in the Spoo/Bond spread and the Green target on the sheet are pausing the rally.

Nasd 100…12,106 is the high Monthly close. Sticky area.

Japan is breaking out. The EWJ trailing stop is the opening range @ 59.74.

Soybeans have another 20 cents. Timing is positive for another week.

Gold is back at the top of value. Nothing stands out on the spreads.

Hey Taipan, it’s Silver/Yuan that looks best.
The rest are coming into 50 DMA resistance.

Platinum/Yen @ 200 DMA

Palladium is going.

Bonds up=Currency & Metals up. Pay attention to the game in front of you.
30 Yr. Bonds  traded into major averages. Look at the 5/30 which is into a sticky weekly level.

So is the 2/10

USD/JPY ran its weekly ORL stops @ 104.024

I will be out from 9:00 A.M. to closer to 1 P.M. CDT 

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