Intraday Market Thoughts
Archived IMT (2009.10.30)
by
Oct 30, 2009 0:22
Oil 4-hr chart tops out at $82.20, which is the low on Oct 22-23 and the high of Oct 20. $USDJPY eyes interim target at 91.00 from 91.30, but key trend line support rises to 90.70. WATCH OUT from Sep US PERS SPENDING (12:30 GMT) exp -0.5% after +1.3% and Chicago PMI (13:45 GMT) seen 49 from 46.5. FInal UMich cons sentiment seen revised to 70 from 69.4.
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