Risk On …Risk Off

Is that all there is for Risk Off?

The present lows in the Equity Indices are good hold levels. Price action back over 1302 (SPU) later in the day will have the shorts running for cover.

Price action to new lows late in the day..not so good. Our thinking is skewed towards a hold given tomorrow is month end.

The miners and metals act fine.

AUD/USD…look to buy the Aussie when the key levels in the SPU and NASD line up as they did this A.M.

 

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