A.M. Look 1/31/11

Early Asia showed us all the extremes ( highs in the gold ,silver,oil)

(lows in the Aussie,Euro,Spu).

It’s the last trading day of the month! Not a good idea to fade the monthly directional flows today.

The flow is long SPU/ Short Bonds.

Wait for your spots. Macro stops in the Spu are under 1258. This will likely take into Tuesday

to see more stock weakness.


Long Euro spreads against short “Gold,Silver,Oil,Suisse,Yen” is the rest of the picture.

It will all be a price action trade going into mid-week.

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