Ramp Central

We had a successful outing yesterday, with the decision to short at 2074 rewarded with a move to our first downside target of 2055 and even our second one at 2051.  From yesterday’s members section 10 minutes into a very strong opening:

I’d try a short here at 2074 with an objective of the SMA200 at 2056 — also a .618 retrace from yesterday’s lows.

As for today, we had strong overnight moves in USDJPY…2015-07-09 USDJPY daily 0620and EURUSD…2015-07-09 EURUSD daily 0620…which have led to a 26-pt ramp job in the eminis.  Look for SPX to easily reach yesterday’s upside targets.

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