EUR/AUD...followed through on its ORH pattern by doing a 50% retrace for the past 30 trading days last night into 147.70.
U.S. Equity Bond spreads are stalling out. Look for corrective trading into next week.
With the Spu’s coming close to its target risk/reward is not on the side of the longs at these levels without more time and price movement.
Indices don’t have to go anywhere.
OIL…short-term P&F pattern sell stops are @ 46.10.
I’m not a fan of the thesis that Oil is going to have a sustained rally.
Gold…1248 is today’s 50 DMA and the top of value on the intermediate P&F. It will take sustained and closing price action
into the low 50’s to signal more up.
Let the U.S. Pit sessions open up and take your Que from there
in all instruments.