USD Updated

I don't want to be a smart guy, updating the obvious after the (jobs report) fact.  But USD is back above its neckline and thus the technical target goes back to 91 as long as it remains in this state.  That's the measurement and it takes the need to over think out of the equation.

The market had been due for a correction, although I was not sure it would come with the jobs report.  I am going to take a diminished profit on the Cube, along with other things I have already taken because as noted to subscribers earlier in the week, now it is time to enjoy the summer with portfolios that pass the sleep test. 

July is due to be choppy at best in my opinion and risk will be managed all around.

http://www.biiwii.blogspot.com
http://www.biiwii.com/analysis.htm

Subscribe to NFTRH or
Subscribe to the free eLetter