Tomorrow is month end and a very broad part of the board has big changes afoot.

The following is a list of the outside reversal monthly closes across key currencies

and related country ETF’s.

Euro…. 136.17

USD/JPY…. 84.00

USD/NOK.. 595.88

GBP/USD…. 156.47

AUD/USD… 95.41

USD/SGD… 131.83

USD/CNY….. 6695

USD/ZAR….. 70857

DXY 790.15

Gold…1312.40

GLD….128.22

Copper…365.30

FXI … 42.98

EWA…23.62

EEM….45.08

EWZ….75.70

EWM…13.64

XLF…. 14.25

DSX… 26.70 Euro Stoxx 50

VIX… 2348

So what does this tell us?

1) The Euro can rally 400 points and be total garbage.

The Norwegian Krona is not much better.

2) The Yen, Singapore dollar, and the Chinese Yuan are flirting with

outside reversal monthly patterns. So are the commensurate ETF’s.

The Pacific Rim and some of these emerging market ETF’s are matching up

with their respective Currency patterns.

The buck is looking good and with some help on the monthly markings we

may very well be able to afford a cup of coffee overseas in the not to distant future.

The Aussie had an outside reversal downside pattern last week with a close below 97.24. Note last night’s high in the Aussie of 97.14. This is generally viewed as a risk off pattern with N. Korea seemingly providing the risk. 95.50 and 97.25

will now be the key closing directional levels for the Aussie.