Intel posted a strong number (huge gross margin helped), and JPM this morning has a little for both sides. WE have a lot of economic numbers this morning. This market keeps trying to make a new high and then backs off. Looks like topping action to me and my plan remains the same. The Euro is down this morning and is worth watching. The CRB is on important moving average resistance on the weeklies so I am watching the action in the commodities and commodity currencies closely. Its still all one trade pretty much. I can't wait until these correlations fall away from 1 and -1.
Have a great Friday.
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