Stocks...
Spu’s…2053 is support and the downside pivot. Use 2085 for resistance.
Bonds …
FX…
Euro…110.40 is today’s point & figure resistance.
Commodities…
Oil…46.30 is resistance and the closing upside pivot.
General Comments or Valuable Insight
There was a lot of rabid buying of Equities & indices in the last hour yesterday.
The market needs to digest this recent rally. I would expect prices to hold up through tomorrow.
All the Indices have to do is close higher on the week to keep everyone in smiles.
Less is more today.
