Everybody has got an opinion, which is Risk Off.
In the meantime everyone keeps selling everything in the hole. Trade your technical levels!
Crude put in a potential double bottom on the weekly which is helping to keep the Indices firm in the short term. A close above 80 would be positive the indices.
The Euro has broken enough for now. All new sustained weakness under today’s low would project down another couple of figures to the 130 level.
JJG…This Etf is hanging in with a test of the 2/3 rds Fib (42) for the last several years. Maintaining and closing above 42.80 can lead to a test of the 45-46 level.
