Euro...needs to sustain and close over 118.50 to break out of the recent range to the upside
Spu/Bonds…
IYT…Transports are coming into 200DMA resistance
KSU…last night Yra posited a take out for this railroad.
Short-Term its getting a little overbought. Monthlies on out show this has potential for new highs which is another 20% higher.
104-105 would be a low risk level to pick up some calls a couple of months out.
Sustained price action and a close over 109.50 would lead one to believe there will be no back and fill.
It’s the mid-week shuffle. Let the day unfold.