A.M. Look 5/13/11

There is not much to say this a.m.except we’ll use the stops listed last night for our SPU/BOND spread as intraday #’s. The Euro, Aussie,and AUD/JPY are flirting either side of unchanged on the week, and as of now, seem to be a big range scalp. Support in the Silver is around 34 and fib resistance is 38.80 with the weekly close being pivotal all day.

It’s a risk on risk off trade with computers running the show.

Day Traders…Trade what you see.

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