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Glacial

We see nothing of interest tactically in yesterday’s trading, as trends and market structure develop at a glacial pace across the markets we follow. Possible inflections into the end of the week may be further strength in precious metals and in Crude Oil, and broad weakness in softs. These are, however, anecdotal observations, as there are no clear patterns on the timeframes we follow. We continue to watch the EUR/JPY for an entry, but this has not been forthcoming and we remain, for now, on the sidelines..........please open the attached PDF to read the entire report.

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