Spu…late yesterday into early Wellington the Spu put in a double top on

the point & figure charts @ 1284.25. We are seeing an expected pull back off

that formation. 1273.60 is a day session # we expect to see print. Early on, Bulls

will need this level to hold or there will likely be further price destruction.

Bonds….( TBT) The stops remain the same.

Crude….91 (H) will now become an important hold level.

Euro & EUR/CHF….Euro triggered the stops above 134.40 last night and reversed lower. EUR/CHF traded

129.50 which was the first fib resistance.( The first minor swing has been met)

Aussie…looks like this will be a danger area for new shorts. All new weakness under 98

will be needed for another leg down. We are in the “sell the big rally mode here”

100.15-20 is still the key area on top.

Let the day unfold.