Stocks...
Spu’s…1909.50-1913.50 remains a pivotal level.
Bonds..
30 yr….The low risk daily buy level is 161.02.
FX…
GBP/USD…145.40 is the plaza accord Fib that has been pivotal for years, above look for 146.50-60.
Yen Futures…84.20 is fib resistance.
CAD/JPY…held daily trend last night matching the low in the Spu’s.
KIWI..further upside seems limited.
Commodities…
Crude… inventories come out @ 9:30 CDT. 32.00 + a few is as good a level as any for a low risk sell.
28 should bounce again the first time down on a big build in inventories.
Gold…keeps knocking on the door of the 200DMA. breaks off the level have been getting shallower. This could take into Friday to play out.
General Comments or Valuable Insight.
It’s the mid-week shuffle.
The day starts pre market with ADP @ 7:15.
Be a little patient today.I don’t have a good game plan.
