Friday Morning Briefing
Friday Morning Briefing
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.
Natgas has been treating water and is now catching up with its fast rising 25-hour SMA. Something’s gotta give here and that rather soon. Let’s not forget those NLBLs looking right above which ought to be good for some resistance.
USD/CHF has been trying to overcome what seems to be a falling diagonal resistance line. The 100-hour does not seem to be that active and for now I’m short unless that diagonal is breached to the upside.
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Cheers,
