Tuesday, April 9, 2013

Futures

First currencies...
 USD/JPY is about in line 1 min

 EUR/USD is looking a bit parabolic and has some slight 3C weakness.

 The Yen also has some slight weakness, but most currencies have only slight wekness.

 The 5 min Yen chart seems to have been right all along, however we'd have no way of knowing why until this morning.

 Euro 1 min has slight weakness on that last parabolic run

 Euro 5 min is close to in line with slight weakness on the last run up

 USD has some slight strength

USD 5 min also slight strength.

Stock Indes Futures
 ES 1 min with a positive divergence turning ES up right at the European open, some weakness going in to the US open.

 The ES 5 min chart is the kind of chart I'd play a 1-day weekly put on typically.

 NQ 1 min also slightly weak

 NQ 5 min the type I'd play a put on for a day's move

 YG/Dow 1 min looks the best as it did in 3C yesterday

Still the 5 min is weak.

Gold and Oil
 Crude 5 min looks to see some downside


Gold 5 min and gold seems to want to pullback a bit more as mentioned yesterday

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