Stocks...
Spu’s…have to sustain over 2015 for higher. The low 2090’s is near term support the first time down.DAX…11,380 is the weekly closing hold level.
Bonds …
Bunds...(M) 153.95 is support and the closing downside pivot for more weakness.
French Oats…151.33 is the corresponding #.
FX…
EURO…110 will be pivotal all day. 110.65-80 is first resistance. 111.40 is the lowest risk sell zone.
EUR/JPY…137.17 is the 200 DMA. 138.00 is weekly resistance and the upside closing momentum #.
AUD/NZD…by maintaining above 107.28 close, this cross looks to retest 109 and then much higher.
Commodities…
OIL…has been holding the large breaks. Use 60.23 as your near term pivot. Good above.
General Comments or Valuable Insight
Shanghai is in buy mode with the rest of the world indices stuck in a profit taking or holding pattern. It’s all about the A Shares.
Shanghai is in buy mode with the rest of the world indices stuck in a profit taking or holding pattern. It’s all about the A Shares.
The game will continue in individual names.
Time Frame Trading today.