3 Day Weekend

“Out of clutter, find Simplicity. From discord, find Harmony. In the middle of difficulty lies Opportunity.” – Albert Einstein
Once again, there are no big changes from what we discussed at the start of the week in our Weekly Outlook Video. Trading into Memorial Day Weekend can be a bit of a snooze; we’ll have to see. Usually, markets tend to open up bid after the holiday and weaker seasonals start to make an appearance closer to the end of the week and into June.
In today’s session we’ll continue to discussed the Italian situation, DB and focus on open swings relating to the usd move (the yen, swissy and gold trio). Furthermore, it’s time focus on some of the weekly charts too:

As always, there is no substitute for real-time/live action; if you are interested in attending a daily morning call into NY with a more detailed live discussion on all the charts and ideas we highlight/review in the outlook video and here on the blog, you should check out our Daily Webinar Group.
Wishing you a great day ahead.

Inflection Point?

“That men do not learn very much from the lessons of history is the most important of all the lessons that history has to teach.”
– Aldous Huxley
Once again, it’s all about President Trump. The key focus this week is going to be on the Tuesday address to the joint session of Congress. We’ll have to see how he navigates this and how the markets decide to react and follow-through. Attached are some interesting charts we’ll be stalking.