Profit taking started just before London.
Spoo/Bond made a higher high last night failing just shy of its .618 target.
This is the only chart I’m watching for follow through.
Spoo’s finally put in that pesky 50X3 reversal last night after 3 weeks.
The next couple of sessions will be important for direction
Most of the board shows a corrective phase, however if Spoo/Bond fails we’ll know it and the rest of the world will bemoaning giving back boo cou bucks.
Asian buyer of Soybeans and Copper. Guess who?
All eyes will be on NFLX after the close.