Stocks...
Spu’s….held yesterday. Today will be all about how and if the Spu’s hold after the non-farms #.
Sustained price action under 2090 will lead to lower. 2110 is resistance.
Sustained price action under 2090 will lead to lower. 2110 is resistance.
Nasd 100… 4430-40 level should provide for a bounce.
This is Fib swing support as well as the 50 DMA.
Price action above 4500 and a close over 4506 is needed for higher.
Bonds …
30 Yr.…(U) 148.31 is support @ the 200 DMA.
FX…
Both crosses completed a .618 retrace of the past 6 months yesterday before Chicago opened.
EUR/JPY… 138 is first support. 140.70 is the .618 Fib resistance that needs to be overcome for higher.
EUR/AUD…143.60-80 is support.
Commodities…
OIL…OPEC comments will have this rolling today.
Copper… is oversold.
General Comments or Valuable Insight
I’m working on these you tubes with my tech guru’s.
If this doesn’t appear, I will sort it out the over the weekend.
