Today traders should pay close attention to last Friday’s lows in the Equity indices and 118.07 EUR/CHF.

There are stops building under these lows. This will make today another price action trade. Pressing follow through the first time at these lows is inadvisable.

I will be in Europe meeting with clients next week. Do not expect updates through mid-week

Use a break-even stop for the EWH

AAPL…use a 354 stop close on any remaining longs.

AUD/USD…For those of you who are trading this, As long as it maintains above 107.22 close you can remain Long

Model Trading Portfolio…Current Holdings

Time Horizon Unknown

Long AAPL….25% of total position left

Long EWH….25% position