Equities & Metals

The lows are good in the Indices. All new price action is needed below today’s
lows for any Risk Off.

BRKA…would need sustained action under 154,683 for lower.

GS…151.95

Goog…821.50 is near term support. This level needs to hold on a closing basis to avoid further
profit taking.

Gold & Silverhave hit both ends of their recent ranges.

I’ve reviewed the grain names and I see nothing compelling before the USDA #

The later it gets in the day, with the Indices hanging around these levels, the more likely it will be for the Bulls to run late.

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