Stocks...
SHCOMP…4099 is the monthly ORL #. 4416 is resistance.
Hack…30.93 is the near term hold level. A close under 30 is needed to break the current chart pattern.
Bonds …
30 Yr. Bond…152.06 is the low risk sell zone and the closing upside pivot.
TBT…48.88 is weekly mvg avg support. 47.60 is where the 50 & 200 DMA cross.
This is the must hold level for TBT bulls.
FX…
Euro..is caught between 111.25 and 112.60. It’s currently trading unchanged on the week.
Commodities…
OIL…57.00-57.25 is next support. price action above 59 is needed to turn back up.
Gold…macro pattern sell stops are @ 1165.
General Comments or Valuable Insight
SHCOMP….made a new low last night and rallied hard to save it’s monthly chart pattern,
taking all other Bourses along for the ride.
Time Frame Lemming Effect trading again today. The Greek drama will continue.
It’s month end, let the games begin.
