Stocks...
Spu’s...2014 is today’s 200DMA right at the bottom of the pit gap from 1/4/16.
Nasd 100...weakens under 4265. Resistance is 4360 & 4420 the 200DMA
ASX 200…looks to retry 5270 as long as5127 holds on a closing basis.
Bonds..
30 Yr….162.15 is the print not given yesterday. Consider this bear trap land if we see it.
Bund…not interested in selling weakness. At some point this will work back higher.
FX…
Canada…needs over yesterday’s high to extend or below 74.60 to breakdown.
This has been trading with the Oil and should be a calmer trade after the press conference @ 7:30 CDT.
CAD/JPY …has the same look.
Euro…Weekly macro sell stops are @ 108.25.
Commodities…
Gold…needs over 1265 to rally. 1245 is support and the downside pivot for a move to 1235.
Crude..3899 is resistance with resting buy stops above. Stops, if elected,
would target 39.60 for the next rejection area.
General Comments or Valuable Insight
The early trade will be a game of beat the bots.
Canada and Oil should prove to be a tamer trade when the Oil Futures open @ 8 CDT.
Euro is stuck between 109.40 support and 110.60 resistance. I highly doubt the range holds today.
Nikkei Futures expire today.