12 Feb, Members Daily Pre-Market Report
S&P Futures (ES) drifted into the downward trend line and we could see a re-test of the 21 day ema. However we are still short with our stop between the 8 and 21 day ema. The eur dollar crosses are overbought so be patient and if you aren’t already short wait for retracements and if you are heavily short this is a good time to lighten up positions. cadjpy and usdjpy are setting up for potential long plays.
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