A.M. Look 12/5/16

Euro has a potential ORH day working with a close over 106.91.
This is the same level it rallied from November 2015 after Draghi disappointed

at an ECB press conference.

Equity/Bond spreads are bid.

As long as the Spu’s stay above their all session ORH # of 2197.25 look for the spreads to remain firm.

OIL…I need two closes over 52.10 for higher.

DAX held a retest of Friday’s 50% U.S. election retest.

Euro Stoxx held its 200DMA and will put in an ORH day with a close over 3024.

Nikkei...held and looks to extend with a close over 18,480.

Nasd 100…4777 is cloud resistance with the big macro resistance @ 4800-17.

4759 is today’s ORH #

GBP/JPY…needs to hold above 144.67 to remain firm.

I’m out of here for the rest of the day
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