A.M. Look 10/2/17

30 Yr. Bonds…will take above 153.00, its 200DMA, to run out shorts.
This instrument is into short -term oversold.
Bunds and Gilts are strong (lower rates).
There is more room in the U.S. Ten year/Bund spread to widen.
Lower rates in Europe/ Higher U.S…. should keep the Dollar bid.
Oil...49.47 is today’s 200 DMA support and bounce zone.
I’m expecting to see U.S. Index buying today. See how this plays out
after the NYSE opening.
Euro…the levels have not and wil not change from last week.
Gold…the weekly oscillator would need a close below 1273 on Friday  to break down.
That should make the level pivotal all week.
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