A.M. Look 9/30/10

The end game is upon us. I am not looking for a directional changes today.

Today’s path of least resistance is in the direction a market has been traveling over the past

few weeks, That is up in the Equities and Bonds… down in the dollar


Usd/Jpy….82.87 ( 120.70 futures) will be very important over the next few days.

Look for a potential double top in the Yen, however a closing violation of the level and

it’s off to the races…In short it’s a very big pivot. The upside could be a few figures in very short order.

Traders who are not nimble should stay away.


Stocks..( SDS) I am looking for a low risk way to play a potential release in the stocks

today going into tomorrow….29.25-28.85 is the level I am monitoring for a potential trade.

I am not leading off on anything!

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