Homework and TradeSheet for Friday June 7th

SPs – Short test above Previous Days high for a scalp

Russell – Buy Day on 2-period ROC

Bonds – can still get close above 5 SMA – trading range

Bunds –  form OD/ID pattern (possibility)

EC – 112.96  key pivot – over/under

BP- Buy Day

AD – BO  mode

CL – three bar triangle… trumps 3 bar triangle

S – filled downside gap,,watch daily EMA

SI –  Buy Dip

Low TP reading on JKY, US, W – potential for range expansion.

8:30 A.M. EST CAD Employment Change, USD Avg Hourly Earnings, USD Non-Farm Employment Change, and  USD Unemployment Rate

10:00 A.M. EST Final Wholesale Inventories

3:00 P.M. EST USD  Consumer Credit