SOX…Just put in a potential double top on the weekly charts. Support looks to be around 42300.
USD/JPY..has been running the show all morning, after hitting near term Dollar support all the crosses went into retrace mode.
AAPL…has completed a 50% expansion from it’s last move around 520, which was another 40 bucks over 480.
Copper…has had great difficulty around the 200 day ( app 38078) It has not, as of yet, confirmed a new direction off the area.
Soybeans…1277 should be good resistance first time up.
Keep your stops in place.
Just a general observation….
Over the past 2 years, this coming Thursday into Friday, has seen some big directional changes.
