A.M. Look 2/16/18

We can pretty much go anywhere at this point in the Indices. Initial upside objectives have been reached or surpassed.

Gold Hits its next objective with 1377 being a big qtrly resistance zone.

USD/JPY..Yen monthly shows it needs time to gestate before it can confirm direction.

Russell is into closing resistance. You need to see a couple of closes over 153.80 (50 DMA & oscillator resistance) to confirm another leg up.

Look for a two way time frame trade today with games being played with monthly options expiration.

Don’t fight the flow late day.




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