A.M. Look 4/8/21

Spoo & Nasd are a big gap game this A.M.

This is the setup I was looking for earlier in the week.

Nasd will require sustained price and closing price action under 13,710 for a correction.

Spoo…Overnight high was close to the initial target of 4097.

Gold was bought yesterday only to fail late day.
This A.M. it’s breaking above it’s 50 DMA against its FX counterparts.

Gold 240 Minute chart shows room the the next Matrix level.
Buying strength in the metals is always problematic.

Lots of unwinding of Yen crosses.

 

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