Euro…resting stops are above 131.30.

GBP/USD….156.05 is resistance. This level should reject the first time up, however once through we would be looking for 157.40.

USD/JPY…98.30 ( app 101.90 in the futures) is near term resistance. Through here we’d look for another Figure in the dollar or a move to almost 103 in the futures. 4/26/13..

Copper…32680 is next daily resistance.

Oil..support is either side of 92, with any initial weakness under 92 seen as a level to trap the shorts the first time in. Buy stops start at 93.58 with 94 being first daily resistance. 94.45 is weekly resistance.

General Comments or Valuable Insight

We expect the board to remain Risk On into tomorrow’s close at a minimum.
That means the Yen crosses and the Equity Indices should remain firm.

Below are the closing market pivots, they have not and will not change. Only closes below these levels are negative the market.

Spu’s…1563 is the qtrly pivot
Nasd 100…2805 +- 5 is the qtrly pivot

Time frame trading today!
Trade what’s in front of you.

Short Term View…

Use the 3/28/13 closes for your short term pivots in everything!

Medium Term View…the qtrly update is out. This update is provided exclusively to current subscribers and will not be posted on our site until mid-June for general review.