Forex/Futures ST for Week 10/28 - 11/03

austinjoe

Would AUD/USD rise be a leading signal for ES up, and same factor on EUR/USD? Thanks.

greenback

Yeah, that's the hope ... but no (anti-)correlation works 100% of the time.

hunting

greenback

AUD precisely touched the breakout line and retreated ... The same also happened to EURO ...

greenback

GOLD is trying to break out ...

greenback

CL still waiting ...

greenback

New bullish target for ZB ... with supports from ZN and ZF ... time to long again ...

greenback

Key time for AUD ...

greenback

ES is promising ...

greenback

EURO's weakness is totally reasonable given the good US data ... stocks bulls shouldn't worry ...

greenback

TF looks more bullish pattern wise if this bar finish here or higher ...

greenback

Bonds are behaving differently ...

ZB is approach a key S/R level in this bearish move ... if breaks down, target the lower triangle edge.

greenback

ZN will hit the previous low if breaking down from here ...

greenback

Now ZF is the strongest of the three in this bearish assault. Remember it's the weakest in the previous bullish advance. Interesting behaviors ... Guess should read more about the relationships among different T Bills ...

greenback

GOLD is weak! This surprised me: I was about to buy some IAD for intermediate holding ...

It was a good idea not to bet the break out from the base because the pattern was small. Unfortunately it failed and formed a bearish pattern, expecting more down ahead.

greenback

CRUDE is still within the base: BE PATIENT ... let's learn from the lesson from the failed breakouts in bonds ...

greenback

Expect a consolidation at the current level in EURO ... trendline and previous low ...

greenback

PATIENCE is needed for AUD, still in the pattern ... but consolidation here is bullish ...

greenback

Stocks are very good! Consolidation above the breakout level ...

greenback

Of course, traders are betting a good NFP data point due to the good ADP data. Could there be a sale on news after an initial pop??? Let's hope tomorrow is not another transition day!