We have had a few markets trading in areas with possible trade set ups. The Canadian and Gold were in their sell zones but without good futures signals. The yen, however, has recently moved down into its buy zone and we have a signal to buy 1.1080 with a 60 point stop and an initial target of 1.1220.
Stock indexes are weak again but without sell signals. Even with a continued declining vix, writing puts in the stock indexes is something to consider for the final weeks of the year.
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