Stocks...
Spu’s...2095 is the first objective.
ISRG…put in an ORH day. 498 is support. 503 is 200 DMA resistance and the weekly upside momentum #.
Bonds …
30 Yr. Bonds…150.06 is 200 DMA resistance.
FX…
GBP/JPY…it will take a couple of closes over 192.47 resistance to extend.
This is the mirror trade of the Spu’s.
EUR/AUD…traded down to support @ 147.50 last night.
Commodities…
Sugar & Coffee have positive chart patterns. They’re worth keeping a weather eye on for upside momentum.
General Comments or Valuable Insight
After a 40 point 24 hour move in the Spu’s, I’m not looking for much in the Equity Indices. I think they go into another grind while the game goes back to picking individual names again.
I’m surprised the Oil isn’t lower after the Iran agreement. Trade the price action when N.Y. opens.
