Today I am just watching the show play out.
levels of interest today are as follows:
Aud/Usd 87.80 The next significant level down is 86.50.
This will be a good level to watch for tone vis a vis more stock weakness.
Copper…315-17 is the first Fib support level. 307-08 is next.
In general I’d like to pick up a little (u) Wheat in the 6.40 area
Short term stock traders should be mindful of yesterdays spu low of 1043.50.
If the bulls make a mid week stand this will be a natural spot for it to occur.
