78.00 is an important level. Closing below this area is negative Equities.

Price action below 78 AUD/JPY shows 77.30 ish as the next significant area.

SPU’s…The technical levels have not changed! At this point I would look for a test of 1221.50, which would put in a lower low from last Thursday evening, and a possible bear trap the first time down.

The ultimate level is a retest of the 1206-1196 area in (H).

Just don’t sell them into this area the first time down.

This is a Time Frame Lemming Effect Day Trade.