Oil…by maintaining below 95.70 (H) we’re looking for 93.
April oil becomes front month tomorrow and the #’s will line up differently.

Copper…weekly support comes in between 365-366. 360 is the key monthly level with stops below.

Silver…30.66 is mvg avg resistance. Closing above 31.20 is needed to get friendly again.
Gold…having reached it’s downside tgt. last week, Gold needs new price action below 1600 to start another leg down.

30 Yr. Bonds…the path of least resistance seems to be up. This instrument has been giving day-traders point opportunities.

General Comments…

Equity Indices are wallowing around. We bought some puts Friday, which we’re willing to give a couple of days to  see if a tanned and relaxed Congress can be dysfunctional as usual.

Dax…needs over 7705 for upside.

Model Trading Portfolio……………..
Stop Close                         Profit Points
Long S&P 500 (H) March 1500 Puts

FYI…Anytime you wish to look up levels, go to the website (Click on Pro Tips…add the instrument you are looking for in the box…)
Everything I’ve written for the Month will appear.

Short Term View…

We are using Monday’s closes ( 12/31/12) in everything for our trading bias for the qtr since all trading is bench marked against these closes.

Use 1/31/13 closes as your short term pivots in everything.

Medium Term View…updated qtrly

These are static levels that do not change.

The Medium Term View will no longer be available in our general archive section until the end of the qtr.
All current clients have received this. New clients will be provided a copy.