Early yesterday when the Spu’s showed weakness the AUD/JPY did not. AUD/JPY…( Long Aussie/Short Yen) remains a leading risk on indicator. 84.00-84.12 is the next short term resistance level. DAX….shows no significant resistance until 70000 Copper…there are resting stops above … Continue reading
136.56 December….A Friday close below this level puts in an outside reversal week to the downside. 140.16 (September) 30 Yr. puts in the same pattern as above. This pattern would be stock positive to the Dax and the S&P 500
These levels do not change so please keep them. I will not re-visit these in the a.m. The crude just gave back 50% @ 99.40 of this years move and still going. I’ll start looking another 4 dollars lower for … Continue reading