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Monday Morning Briefing
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Monday Morning Briefing

by The MoleFebruary 11, 2013

Welcome to our morning briefing. Here we are reviewing short term setups ahead of the NYSE opening bell. If you are a scalper or swing trader then these setups may be of interest to you. As usual keep in mind that these are short term setups although they could be used as early entries for more longer term positions.

Much to my chagrin I only ran into one good looking chart that tickled my fancy this morning. It’s the EUR/AUD which is bumping against its 100-hour SMA. Plus there’s also a brand spanking new NBL which should offer additional resistance. Nice inflection point to stage positions – let’s see if we get some movement.

You also may want to check out my weekend post titled Market Breadth – it’s a continuation of the weekend update I posted a week earlier.

Cheers,


About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.