USD/JPY recovering from a knockdown from the highs at 99.28, just shy of the 50 fib of the May/June hi/lo at 99.35. We’ve got as high as 99.24 in the last move.
Stocks went into the red slightly with the S&P touching 1634.8 but has since recovered to post a gain of 5.70 pts (or 0.35% if you’re that way inclined)
Treasuries have edged of their highs at 2.22% but remain in the 2.2% bracket.
Gold is looking pretty sickly around the $1380’s after failing to hold above $1400 last week.
$1372 is the level to watch for signs that the tooth filler will track down further. A break would target the clutch of lows in the $1353/59 area.
That 61.8 fib level is gorgeous isn’t it? I’m jealous not to have paid closer attention to it.
