A.M. Look 9/8/20

European Debt Expirations

Day of the 50 DMA’s

Gold, Suisse, EUR/CAD, USD/JPY, GOOGL, NFLX, SMH to name a few.
If an instrument hasn’t already retested its 50 DMA, many want to.

USD/CNY..trading @ 200 WMA

VIX…holding above its 200 DMA

Aussie showing ORL.

TSLA is offered 45 lower on being dissed by S&P3 round trips.

Spoo…3 50- point round trips. It will take into the low 3370’s for a reversal on the 100X3

Nasd is the weak link. The corrective moves against the DJI & Spoo have room for more.

Copper has not reacted to Risk off.

Gold needs to hold above it’s 50 DMA on a closing basis.

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