Under the Breach, Dear Friends

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I’m flabbergasted how fast these days are going. It seems that the trading day just starts, and before I know it, it’s 90 minutes before the close and I’ve barely looked at any new charts. Staying on top of the blog, the markets, and my stops is consuming all my usual charting time, and the fast pace of these markets makes the clock spin wildly. Thus, I’ll just close with this simple post.

There are two levels that are very important to the bears, one of which (as of this writing) has been breached already. The first is the USD/JPY (I am very long the Japanese Yen, so I’d love to see this collapse):

0115-yen

 

And the other (which, thanks to INTC, is at the moment in breach mode) is the NQ:

0115-nq

See you in the morning. Hold on to your hats. When you see me again, it won’t be me.