This is already setting up to be a day to keep your powder dry. Aussie and it’s crosses stalled and sold off again in Asia. Yuan pretty much says it all; trade deal postponed = Yuan weakening Indices will in … Continue reading
I wouldn’t have thought with AAPL & OLED getting smoked that China would’ve made this big of a difference. Yuan strengthening = Equity strength. Soybeans have an ORH week on China news SMH, XHB, XLY, KWEB, IEMG, ITB, SKYY, EEM, … Continue reading
Euro…Finally looking to give it up IUSDCNY…Offshore Yuan CME…potential ORH day Nasd 100.. 4386.25 is today’s ORL # There have been few places to hide today. PSA,XLU,XLP,WTR,MO,MRK,PFE,UNH,STZ & PG So far there has been no bounce after London’s close. This … Continue reading
Stocks…Spu’s…need to hold 1894 to have a bid tone Last months unemployment high was 1965.Any prints up here is a sell before you buy. Nasd 100…needs over 4200 resistance and hold above 4200 to mount a rally. DAX…9678 … Continue reading