A.M. Look 9/15/14

Stocks...
GOOGL…560 is trend support.
NFLX...461 is trend support. A close below 454 is needed for a deeper correction.
Bonds
30 yr. Bonds…(Z) 138.30 is key resistance and the low risk sell zone.
FX…

EUR/AUD…hit resistance last night and rejected @ 144. Sustained price action under 142.88 is needed for another figure lower.

Commodities

General Comments or Valuable Insight

Currency expiration s start this A.M. @ 9;15 CDT. The week is full of data including

Wed. FOMC, the Scottish Vote along with Futures and options expiration s at the end of the week.
I’ve written the macro levels in the Spu’s & Nasd last week, they have not changed.Time Frame Trading today.
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Current Positions….

                                                        Entry     Stop      TGT
Long TBT                                          58.17     56 Close  60
Long IAT                                          34.13
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Today’s Working orders…

SELL TBT @ 59.85

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