Gold & Silver…I have no good ideas or a game plan.

Spu’s…1634-36 is 1st resistance & tgt. 1645 on an initial rally off the number
should cap an overshoot.

SSO…79.85 & 8085 are the corresponding levels.

TBT at 64.40-20 with a 50 cent closing stop.
The straight 30 yr. Futures sell zone is 144.17 (M) 143.17 (U) + 10 ticks.

This is an area for professionals only that can manage a position once it’s on.
If the Bonds get there the first time up you should be able to exit without too much pain.

141.19 June or 140.19 Sept will act as the downside pivot.

FX…

USD/JPY..(resistance becomes support). 97.50 102.50 futures was the tgt level I thought would hold yesterday. After an early retest in Asia of 97.50 we saw another bought of Yen buying.

95 USD/JPY (app 105.20 Futures) is this qtr’s macro closing pivot. A run at these stops would not be surprising, however this is as good a level as you can get to try and sell Yen for a figure reaction

That just goes to show you to always remember the old levels because markets have a way of coming back and revisiting them.

AUD/JPY…91.68 is the 200 day, however the good fibs do not come in until just above 90.

General Comments or Valuable Insight

You guys know I hate unenjoyment!

Last employment we missed the move, there was still plenty to do the next week.

The summer is shaping up for lots of action. Be patient today and wait out your opportunities and Time Frames.

You should be in “I don’t want to lose money mode”

Current Positions
Entry           Stop           Targets

No Current Holdings 

Note…we always write a stop with any instrument we‘re interested in. As the instruments become profitable those stops should be raised to your entry level so you don’t lose money.

Short Term View…

Use the Chicago openings to help guide your trading.
It’s a new month and a new game.