Trades are structured with consideration to current wave structure in risk. For the next few days, I'm likely to be bearish on rallies. The following charts outline risk management levels (red is resistance, blue is support, black in interim levels to consider). I favor shorts on rallies in the AUDUSD and AUDJPY into resistance.
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"THE MARKET(S)" a.k.a. "RISK" SNAPSHOT - 60 Minute Closes

Prepared by Jamie Saettele, CMT
SPX 500 - 60 Minute Bars
Prepared by Jamie Saettele, CMT
EURUSD - 60 Minute Bars

Prepared by Jamie Saettele, CMT
EURJPY - 60 Minute Bars

Prepared by Jamie Saettele, CMT
AUDUSD - 60 Minute Bars

Prepared by Jamie Saettele, CMT
AUDJPY - 60 Minute Bars

Prepared by Jamie Saettele, CMT
To contact Jamie e-mail jsaettele@dailyfx.com. Follow me on Twitter @JamieSaettele
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