Stocks...
Nasd 100… today’s short term hold level is 4441. First resistance is 4467.
Spu’s…2095-97 is resistance.
FTSE…6722 is the 200 DMA support which held yesterday and last night.
any new longs should be managed against this level.
Bonds …
30 Yr.…(U) 147.11 is mvg avg & Fib swing support. Bonds are getting into oversold territory. Given it’s mid-week, be mindful of chasing this direction.
TBT…52.50 is weekly resistance.
FX…
USD/JPY…122.50 is Dollar support. (81.63 JYAM resistance). The Yen would have to close above 82.00 in the Futures (under 121.95 USD/JPY) for more strength.
Commodities…
OIL…pattern buy stops are 61.86. 59.60 is the low risk buy zone.
General Comments or Valuable Insight
Equities..trade the range in the Indices and trade the levels in the individual names.
