A.M. look 11/20/17

Tencent is keeping China internet names bid.

Spu’s were weak early last night with Spu/Bonds retesting its 50 DMA.

This is roughly lining up with 2567 in the Spu Futures.

The Spread is putting in higher lows, just barely, making this level in the Futures the level for Longs to watch for a possible breakdown..

Both the S&P 500 Futures and the EURO/USD show consolidation patterns.

These instruments are not going to stay here. They are coiling for another move.

Point & Figure charts show price not time.

EPZ7…e-mini

EUR/USD…

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