Midday Missive w/ Follow Up orders

CAD/JPY….96.23 is where the resting buy stops are. This is the monthly ORH #.
Canada has hit major resistance @ 92.43 Futures App 108 USD/CAD
Both got close to these levels when Britain’s P.M. ( David Cameron) was discussing the terror threat levels this A.M.
EURO…this should remain under pressure the rest of the day.
130.20 is the next monthly level I’m looking to see tested.
TQNT…21.00 is natural resistance which take it up over 8% on the day. The first multi year fib resistance is not until just shy of 27.00.
We took off 1/2 the exposure just a smidgeon shy of a 5% gain.
We’ll be raising our stop to break even for Tuesday.
We’ll be doing the same for the IWM (raising the stop to break even)
Equity Indices have run up through London’s close.
I would expect more of the same late day.
Enjoy your holiday weekend.
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