The Yellen comments were Dollar positive over the medium term.
The Dollar is short term overbought.
Be patient to not press weakness
X…U.S. Steel starts gaining upside momentum over 37.50-60.
TSLA…remains defensive by sustained price action under 254.58.
Social Media & Biotech names remain the market favorites.
This is shaping up to be a late day trade.
Wheat…is trying to break out to the upside with a short covering rally over
5.54-56
.
If this move proves to be real there is app. a 20 cent upside
.
Treat every instrument as it’s own entity
.