The metals will be the best feature today.

They tried down early and are holding.

The Gold needs to close over 1237.60 for a weekly

and 1244.50 for a daily outside reversal to the upside.

These are price positive formations.

The currency trades are all working

Long Euro/Short Yen

Short yen….a close today over 84.90 usd/jpy “will be price negative the yen on a daily chart.”

Long Aussie

Nothing to do but leave them alone

Pay close attention to 135 in the 30 yr. today for tone in the Spu/Bond spread….long spu…short bonds..

A violation of this area will likely lead to more profit taking in this spread.

We’ll all await Lord Ben to see what happens next.