The currencies have tested some very pivotal levels.
GBP/USD rejected the reversal monthly close of 156.50
USD/JPY has a short term double top at 84.40 on the daily maps
The Aussie tells me nothing yet, however we will add to our
long Aussie position on a close over 96.80 AUD/USD
We will add another 20% to our long YCS ( short yen) on a close above 84.40 USD/JPY..
under app 118.40 ish in the futures..
SDS…in keeping with the game plan I will use a 25.95 stop close only.
this should = a good close over the 1200 level in the SPU.
44.45 was the previous big momentum level in the FXI.. so far it just happens to be today’s
high. This is part reasoning why it’s best to just let everything play out and use the closing stops.
