Hey Everyone,
S&P 500 and Oil market bias is still intact to the upside. High volume nodes are continuing to move upwards and lows are holding. However gold is in a different place entirely. Any break up or down could cause an initiative move... far and fast. The currency markets are looking healthy as value is moving higher also, however the GBP may be a little weaker. In europe, we have been seeing much smaller ranges in the DAX and EURO STOXX 50, earnings are around the corner, they seem to be waiting for something. Watch the order flow in the beginning of trading in the US stock markets, any abnormal orders could be the direction for the day. Happy trading for Monday!!!
Thanks and make a great day!
Julian Marchese
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