A.M. Look 7/13/23

30 Yr. Bond has been running the show.

CHF/JPY has been holding the 159.08 breakout on retests.

Euro is into a level that is a take profit area. I see limited upside without further price action.
It needs time or some back and fill for any trade location.

FX was all over the airwaves late yesterday and last night. It’s not smart to follow the lemmings.

Nvidia news is helping Nasd. Pay attention to the previous high for its effects on the Index.

Once again, Spoo Pit gap is the third time up. No chasing strength.

Know that this is a Bull market and when you get gap ups on a Thursday the trading becomes much more difficult.

This entry was posted in Archive. Bookmark the permalink.