Spu’s…keep it simple..yesterday’s high in the Spu/Bonds was just shy of the 18 day mvg avg..This is running the show! 1506 is pivotal…sustained price action above yesterdays close is needed to try higher.

30. yr.…the numbers haven’t changed.

Euro.. short term stops are just below 130 which matches last months  ORL# of 129.98 . There is room to 129-128.80 ish if the stops are elected, which is 1/2 way back from the July 2012 low. There isn’t much from here to just below 129 in the way of support.

Metals…have a lot of room to break. Gold…1555 is next, then it can do another big swing down.
Silver…maintaining below 28.50 is price negative. We’re looking for 26.50-70 as a tgt level for this swing down.

USD/CAD…103.50 seems to be the next closing barrier. macro stops are a figure away @ 104.50

AUD/USD…as long as there is no close above 102.50, you can sell rallies. 101.24 is weekly support.

GBP/USD…148.60-70 is the next major level with stops below. This is short term oversold ( sell rallies not weakness)

Oil…91.79-92.10 is your qtrly swing #. maintaining below 91.30 + a few gives way to “90.40-90.00” which is bear trap territory the first time down.

Bunds…145.52 will be a significant closing pivot.

General Comments…

Trade your time frames today. We see any more weakness in the Equities, look for the 146.17 stops to get run in the 30 yr.

Keep in mind it’s a SPU/BOND…DAX/BUND trade.

Model Trading Portfolio……………..
Stop Close                         Profit Points