Stocks...
Nasd 100...4390 is resistance.
Spu’s…we’re stuck. We’ll need to see sustained price action and a close over 2012 to grind higher.
Bonds …
30 Yr. Bonds…Price action back above 157.07-13 will have the Bonds going back up.
FX…
EUR/AUD…Euro remains weak against the Aussie reflected by a buying in the Shanghai Comp last night along with general metals and commodities strength. 153.80 is first yearly fib support.
Commodities…
Oil…price action over 50.15 is needed for a run to last Friday’s European highs near the 200 DMA @ 50.92.
Below 49.30 the point & figure shows there is room for a move to the low 47’s.
Gold...1178 is the 200 DMA resistance.
General Comments or Valuable Insight
Last night is the least amount of action we’ve seen since early July.
I doubt you’ll see much today other than some option positioning for earnings this week. NFLX AMZN FB are all trading in their own world holding the hard breaks and rallying late in the day taking the Indices along.