SP – 69.25 20 day high. Sell Short day scalp only….Rus has a chance to push to all time new highs on this leg up since the ROC made new mo mo highs last week.
NQ – 7821 – 20 day high for confirmation/non-confirmation
US – 3 bar breakout coil, 154’11 = daily EMA…might get there trading sideways at this rate
EC, JY – low TP, 3 bar breakout triangle implies trend potential (Tagged daily EMA overnight, breakout play is over, now a b c down on 240 on EC)
CD – Day 8 extended run, Buy any close below 5 SMA
CL – 5 SMA buy, pinball Buy (played out overnight but still in strong uptrend overall.
HG – 3 bar BO (failed in overnight test of previous 20 day high)
Start of a new quarter! Yippee! Big Gaps across the board – watch how move off 7 AM CST trades relative to PDH and PDLs….
Opec Meetings all day
10:00 A.M. EST ISM Manufacturing PMI & Construction Spending
2:00 P.M. EST Auto & Truck Sales
3:00 P.M. EST Fats & Oils, Cotton System, and Grain Crushings
4:00 P.M. EST Crop Progress report