A.M. Look 4/4/17

Bunds...have reached their first target @ the 1/2 of the gap and its 50 DMA.

Inline image 1

 

Gold…June (M) Gold is trading app 2.5 dollars over April (J).
This makes a difference when you’re determining the correct 200 DMA

Inline image 2

 

50X3 P&F is trying to turn up.

Inline image 3

 

DAX/BUND & Nasd/Bonds have broken below momentum.

Spu/Bonds is under its 50 DMA.

Mexican Peso rally as featured in the qtrly review has stalled out.

These are all risk off indicators.

Let New York open to discern the next move.

The VIX 200 DMA @ 13.31 will be problematic for the Bears again today.
This entry was posted in Archive and tagged , , , , , . Bookmark the permalink.