2012 - First Day of Trading

From 3rd Jan 2012, Tuesday

-Higher mfg numbers from major countries, equities rally, S&P futures gaps higher
* Aussie PMI 50.2 (hi since Jun'11), back above 50
* China PMI 50.3, back above 50
* India PMI 54, Swiss PMI 50.7, UK 49.6 (from 47.7)
* US ISM 53.9, all higher.

. USDJPY <77, no strength
. XAU pattern long
. GBPNZD turned long
. NZD pattern failed
. EURCHF in play

+ watch EURUSD possible formation, 4h
+ watch ES futures possible formation, 4h