A.M. Look 6/15/17

We’re getting back to volatility and bigger mid-week shuffles.

Spu’s…double top…double bottom…

Inline image 1

AMZN…anything into the low 950’s is a potential bounce zone into its
50 DMA @ 950.50.

QID…
today’s resistance is @ 17.75.
The above is a matching level where shorts should lock in some money.

 

European Bonds are finally giving up the ghost.

Give it into the U.S. opening to see how this affects the Indices.

We’re getting into daily levels in Nasd/Bonds where you have to be very cautious selling any Index weakness.

Is this the Wednesday-Thursday break in a Bull, or is the worm finally turning.

On that note Gold is into a must hold level to avoid another 20 dollar puke.
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