DAX...9429.5 will be a pivotal level for market tone going into London’s close.
This is the weekly ORL # matching the 200WMA.
Spu’s…2041 is the weekly closing ORL #. Spu’s only have to close over this level for the U.S. to calm down.
Nasd 100..4352 is the weekly closing ORL #.
Expect a couple of different flows today beginning with the U.S. opening (When liquidity will be higher) going into London’s close.
U.S. names will be priced lower with the indices. Be patient before you decide
which ones should be exempt from the contagion.
