The overnight risk in the equity markets has past. The Nasd and Spu have held for now. If you want to buy with a tight stop at least you can

now manage the position.

Aussie..I am going to use a trailing stop just under last night’s low of 90.50.

The tbt is looking very tempting as a low risk way to play the expected 2 week rally in the stocks.

The risk is to just below 30. The possible tgt’s on this swing are 33.38-34.06. A close above 34.06 should tgt.

35.45, and 37.40-70

The play will be long the equities and short the bonds for more relief. Manage your risk tightly.

Gold and silver traders use yesterdays lows to protect your positions.