Gold…needs to go 1365 sellers to go to the mid 1340’s. Resistance and the short term upside pivot
remains at yesterday’s resistance of 1400.

EURO…131.35 is the monthly ORH # , which makes it a pivotal level for the next 2 weeks. All new price action over 132 is needed for higher. 130.50-60 is support the first time down.

EUR/AUD… 126.66 is support,however once maintaining below, has the chance to break a figure.

GBP/USD…151.50-70 is key support. Closing below 151.00 will lead to a more serious break.

AUD/JPY…this cross is making up it’s mind for the next swing. All new closing strength over 102.10 is needed for upside and a Risk On board. Sustaining below 100.55 is needed for downside follow through.

AUD/USD…104.00 is closing mvg avg resistance.

BUND…No change,  a close below 144.85 is needed for any downside.

Oil…89.33 is resistance and the rallies keep stopping around that level. 87.40 is short term support. Sustaining below can lead to a test as low as 84 with a risk off board.

General Comments or Valuable Insight

The Equity Indices have been a lemming effect Romp in every time frame over the past couple of days. Now we’re back to the other extreme.

This weeks mid week trade will remain tough with all new weakness under 1554 Spu’s  needed for more downside.

Let the market set up and Chicago Futures pits open before you start swinging today.
The easy money was in London’s A.M. session.

Time frame trading today!
Trade what’s in front of you.

Short Term View…

Don’t fight the money printers.

It’s the first days of a new qtr., use the 3/28/13 closes for your short term pivots in everything!

Medium Term View…the qtrly update is out. This update is provided exclusively to current subscribers and will not be posted on our site until mid-June for general review.

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…)