Stocks...
Spu’s…have to sustain over 2015 for higher. 2095.50 is today’s 50 DMA
DAX...11,380 is the weekly closing hold level.
Bonds …
30 Yr.… Will be a price action time frame trade today. They are getting oversold so be wary of selling weakness today.
FX…
EUR/JPY & EUR/AUD…have been the trade all week. Currency traders need to be aware of the flows.
EURO…keep your eyes on the Bunds if you’re involved, they’re trading the opposite of each other. Bunds down=Euro strength.
Commodities…
OIL…59 will be pivotal the rest of the week. There are just as many bears as bulls at this level.
We’ll see who wins tomorrow.
General Comments or Valuable Insight
Time Frame Trading today.
It’s a good day to be patient and not chase direction. The moves were in early London.
https://www.youtube.com/watch?v=thyZ2F9Ns4