Pattern Alert…SPU’s…S&P 500…MCP

The only # that really matters now is 1272.70 Spu Pit session. A close below this level would put in an interim top in all risk assets with a ORL ( outside reversal Lower day)

It remains to be seen if we are going anywhere but sideways, but looking at the price rejection of the Aussie and Moo @ the 200 day this a.m., looks like they’ll try them down again.

A close below 28.22 in MCP should be considered short term negative Risk Assets. This would put in an ORL ( outside reversal Lower day).

 

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