Today going into tomorrow we’re going to find out what chart patterns are real.

Last night’s low in the Aussie @ 95.37 is one of the big tells on the board.

Macro stops will be building below and should act as a downside pivot for the spu as well.

For now everything held.

Bonds….Front month rules! All my signals will be taken off of Dec. 30 yr. futures

until further notice even though March is now trading. TBT traders, so far so good.

JJG….Long term investors who bought a couple of weeks ago should use

a break even stop around 45.50.

Gold/Silver…a cautionary tale….This day last year was the high in the gold and silver for a rather

nasty break… 29.34 is the # in the silver to keep on your radar over the rest of the week.

Price action around this level will be the key to further moves. Investors have to be mindful of

a possible double top with overbought conditions. For longs this just means you need to utilize some discretion buying strength and using trailing stops you can live with.