Midday Missive

GOOG…remains positive over 1025 with an eventual run just shy of 1100.
XOM…95.49 is the qtrly ORH #. This level will run the next swings.
Above, we’re looking for this to move to 100.
LNG…has been a market stalwart for the past year. Closing below 39 today could lead to a 10% sell off
GS…monthly buy stops were just elected above 170. Our initial tgt was app 172. Longer term we’re looking for over 200.
30 Yr. Bonds…we are going to take a shot at selling these around the 133.00 level.
TBT…this should line up relatively close to 75.70.
MVV…the ultra Midcap is the least overbought of the indices.
This has to close above 119.33 today to remain firm.
Soybeans…13.20 is the closing upside pivot. Holding and maintaining above this level is needed for a rally.

We’re seeing the typical Bull price action with a late week low last week followed by a rally into early U.S. before profit taking ensues.

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