Intraday Market Thoughts

Latest Premium Trades, Before & After the Bounce

by Ashraf Laidi
Sep 6, 2011 20:45

Better than expected US services ISM has helped risk appetite stabilize as was alerted in our Tweets earlier in the morning based on the fact that services ISM has always fallen below 50 AFTER manufacturing entered contraction territory. Our rationale was that as long as services ISM avoided a sub-50 level, markets were likely to trigger a relief rally including a bounce in USDJPY. Our Latest Premium tradesIntermarket Insights” can accessed directly here: http://www.ashraflaidi.com/products/sub01/access/?a=488

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