Stocks...
Buy any pullback today in the Indices. Use 2091.50 as your Stop for any new longs in the Spu’s.
DAX...after putting in a negative pattern yesterday DAX tried lower last night and is reversing that pattern. 11,074 is the 200 DMA
GOOGL…760 is the first fib extension. Above look for this to move in 15 dollar increments.
SHCOMP…had another strong night. 3576 is is weekly and Monthly resistance.
DAX, Euro Stoxx 50 & Nikkei are trading right at their respective 200 DMA’s.Looking at these charts a close over these levels and a hold tomorrow puts these Indices on positive footing for a pretty good rally.Potential ORH week in the Nikkei.
Bonds …
30 Yr. Bonds...153.22 is weekly mvg avg support. We’ve on closed below this level once in the 3rd week of June. It was short lived.
155.16 is today’s 200DMA. It would take sustained price action over 155.19 to see 156.08 which is the lowest risk sell #.
FX…
Commodities…
General Comments or Valuable Insight
The Dax has been the feature all night. U.S. Indices have been trading with it in London, with the Spu’s never making a new low.
U.S. Names will be driving the bus today.
Nikkei
Euro Stoxx 50
Nasd 100
