Full Moon Trading….
Market timers are looking for profit taking with a mid-week high.
The Dollar is strong this A.M. with the Pound vulnerable under 131.50.
DXE…The dollar is finally breaking out of this pattern to the upside.
The capital flow remains into the U.S.
AUD/USD..
U.S. 10 Yr.
DAX...European Banks are weighing on the Index led by Duetsche Bank
Spu’s …need to see a 30 point break into the 2130’s to put in a reversal on the long term P&F. The technical model is up making the 2120’s the level to look to reload on index longs.
Crude…(U) Sept crude is front month. August crude expires tomorrow.
44.40-60 is support and the closing downside pivot in wither month.