Stocks...
Spu’s…(H) sustaining into the upper 60’s will give way to 2078 resistance.
DIS…is a name that should stay strong into the end of the qtr.
Bonds …
Bonds…(M) 157.25 is today’s support. 159.27 is today’s resistance and upside pivot.
FX…
EURO…price action above 106.50 resistance turns the P&F up.
USD/CHF…101.42 (98.59 Futures) is the level where the Swiss cut the peg with the Euro from.As Long as the Suisse remains over 99.47 (under 100.53 Futures) it’s headed south. Sell any rally to this level with a 25 point stop. This is a the qtrly OR #, it’s not insignificant.
Commodities…
OIL… 46.40 will be sticky on the way down. Closing under 45.85 leaves the way open to lower.
Brent…55.88 is the 50 DMA support. A close under this level is needed for more weakness.
58.45 is resistance.
General Comments or Valuable Insight
Go with the Bots again today. If the buy programs kick in early, hop on board for the ride.
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Current Positions…. Entry Stop TGT
LONG GOOGL 561 552 Close
LONG USO 17.5 PUT .39
LONG USO 17.5 PUT .39
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Working Orders…..
BUY AUD/NZD @ 99.95
