A.M. Look 5/20/22

China eases and Toyota says it would be happy with the Yen between 116-122.

Spoo’s require a 3950 print for a a reversal on the 100X3.
50X3 has room for a move to 3975.

Russell low was the 2018 high and a 50% retrace from the 2020 low.

Nasd low was a 50% retrace from the 2020 low.

DJI and Spoo are nowhere to fulfilling that swing.

Timing, homework and trade location will be of great importance going forward.

I will be leaving @ 8:30 CDT for the day.

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