Stocks...
Spu’s…need sustained price action and a close below 2031 to weaken.
Bonds..
30 Yr….163.02-04 is resistance today.
FX…
GBP/USD…Sterling continues to be the weak currency on the crosses.
Commodities…
Soybeans…is looking up. It’s been holding retrace support above 8.88.
8.94 would be a low risk buy level. with a stop below 8.88 close.
Gold...stuck in the middle with you. This needs sustained price action and a close
below 1238 for lower.
General Comments or Valuable Insight
Full Moon and the crazies are blowing themselves up in Europe.
It’s going to take into the U.S. session to see if the markets shrug off the terrorist
attacks in Brussels.
Oil could get interesting for day traders. Below 41.13 we could see an initial test of 40.30-40.
Less is more going into mid week.