I’m watching 4 things …

PATTERNS on the ES, $NYA, Banking Index and Yen to tell me if we break out to new highs.

  • Banks are rolling.  That’s bullish – get thru level shown then we should surge higher
  • Yen, after an entire 6 weeks of doing nothing – EXPLODED.  119.80 line in the sand
  • ES “basic” AB=CD complete.
  • NYA shows a possible count calling for lower

Close today will rank in the “big deal” category in my very humbled opion.

Just a pattern guy … no idea what the jobs report, or rates, or any of that “stuff” means …




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