Thursday Morning Briefing
Thursday 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.
No comments on the equities front this morning as there’s nothing to add to yesterday’s perspective. No we wait for the market to show its hand. The AUD/JPY is looking like a possible long – but not just yet – first we need that 25-hour to rise up a bit higher. If price can hang on there above that NLSL and then perhaps try a little fake-out toward the 25-hour then I’d be willing to jump in with a long position.
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Cheers,
