A.M. Look 11/20/15

Stocks...

ASX 200…the Aussie stock market is firm above 5264.

EWA...sets up a little different than the futures. A close over 19.40 is needed to confirm higher
AAPL…closing over 120.25 will start another leg higher.
INTC…closing over 34.75 will lead to another leg up. The low risk buy zone is 33.80.

Bonds


FX…

EUR/AUD…147.50 is the next targeted Fib support.
AUD/CHF…73.70 is monthly & qtrly momentum. This is the near term resistance and closing upside pivot.

Commodities…

Crude...Dec expires today.

General Comments or Valuable Insight.

Something is going on down under. The Aussie crosses and the Equity Futures point to inflows back into Australia.
The U.S. Indices have come a long way in a few sessions. Options expire today so it’s time to look at individual names that can lead.
The Index low came a week earlier than I anticipated. Index traders should be looking for low volume breaks midday to buy. I doubt the breaks will get very far.

AAPL…I like the 119 or 120 calls for Nov.27 or Dec 4 on weakness for a seasonal rally.

ASX 200 Futures.

151120_053633_CQG_Integrated_Client_Chart_AP_-_SFE_SPI_200_(S&P_ASX_200_Index)_Active_Weekly_Continuation_(Delayed_by_10_m

INTC

151120_054355_CQG_Integrated_Client_Chart_S_INTC_-_Intel_Corporation_Daily

AAPL

151120_054522_CQG_Integrated_Client_Chart_S_AAPL_-_Apple_Inc_Daily

AUD/USD

151120_054720_CQG_Integrated_Client_Chart_IAUDUSD_-_Australia_(Dollar)_Index_Weekly

AUD/CHF

151120_054742_CQG_Integrated_Client_Chart_IAUDCHF_-_Australia_Switzerland_Index_Weekly

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