Morning Madness
- Futures are currently up -market should start with some strength
- No economic reports due out today
- Volume should start falling off as we have a short trading week
- Bulls need to close above 1246 to keep this market going higher
- Bears should be careful entering into any shorts
- Market is setup for more upside
- Bears should try to claim the 1232 level but ultimately 1227 is the level to get
- Stay nimble in the market towards the end of the year
- USD/JPY is still selling off of resistance
- EUR/USD is trading down at the moving averages
- GBP/USD has bounced off of its moving average
No comments:
Post a Comment