A.M. Look 6/28/23

Stan posted an interesting stat late yesterday.
The most Spoo volume for June was @ 4418.

Currently Spoos need a 4399.50 print for a small pressure release.

Nvidia will be impactful today. Watch the price around 405 for direction.

Gold is out of favor going into Qtr. end, breaking below it’s weekly balance line for the first time since Oct 22.

FX is in play going into the 3rd qtr.

As previously stated CHF/JPY has the potential for a 20 figure move to the upside. Risk is 159.08 close.

Euro against the commodity currencies and Yen.

Brazilian Real has broken down and shows a topping pattern. Pay attention to the grains.

This entry was posted in Archive. Bookmark the permalink.