The World Blog by humble servant.

We are witnessing things for the Ages..Wow awesome action.Huge volume. Deer in the head light action.

10/10/18 7:00 AM MBA Mortgage Applications Index 10/06 NA NA 0.0% 10/10/18 8:30 AM PPI Sep 0.2% 0.2% -0.1% 10/10/18 8:30 AM Core PPI Sep 0.2% 0.2% -0.1% 10/10/18 10:00 AM Wholesale Inventories Aug 0.7% 0.8% 0.6%

Pivot: 74.40 Our preference: long positions above 74.40 with targets at 75.20 & 75.60 in extension. Alternative scenario: below 74.40 look for further downside with 74.00 & 73.70 as targets. Comment: a support base at 74.40 has formed and has allowed for a temporary stabilisation.