Good Morning Traders!
Last day of the quarter…..Indexes have been filling out 120 minute chart formations – SPs have wound down to an equilibrium point on 30 minute (see chart).
Currencies: There are Buy Divergences in the AD and JY that might lead to a reaction back up above the 5 SMA. (see charts).
Great breakout coil in Silver – wedge above. Bonds – Sell Short Day. Crude had UPSIDE breakout Monday from down sloping daily trend line. Dips will still provide buying opportunities. 96.50 is the middle of a previous trading range that comes in to the upside. Grains will all have Pinball Sells.
Have a great day!