,
10 tweets,
3 min read
Read on Twitter
going into the fomc minutes, we remain focused on fang and the current stalling action... 
another way to look at it is through the nq and daily closed above/below the 200dma. still protected and only able to close above in monday holiday trade. post fomc minutes will be key
boeing still high as a kite. remember that markets can remain irrational longer than you can remain solvent but we usually see these ramps give back in an impressive and swift manner > remember our discussion on nflx with the islands setting up in the 410s ;-)
keep an eye on crude and the 100dma today
no change to our outlook on zbs rotating out of teh chop zone. bullish above as discussed in latest outlook video too
dxy still master of the chop at highs. good case can be made for botha cyclical bull run and a topping formation. our view is still bearish inside this range but ready to be nimble, also discuss in update video
cable: nice daily reversal and 50back confluence with 50dma and the 1.28 mark for longs but still sidelined here. pref to express views through other instruments. not ideal trading spot with brexit headline risk
getting toward the end of feb, we consider december fomc + seasonal plays done here into the 1350. still bullish longer term but we'll discuss this in another update
remember slow drift pre fomc action will likely prevail, the focus is on the release not action pre the minutes. our focus will be on tech and yen today. wishing everyone a great one!
please @threadreaderapp unroll thank you
