Stocks...
Nasd 100… price action over 4450 is needed for a rip back into the higher end of the range toward 4484.
DAX…10.858 is the first 1/3 retrace from the Oct. 2014 Low.
Bonds …
30 Yr.…(U) 148.25 is support @ the 200 DMA. This is a key pivot level.
152.07 starts resistance.
FX…
EUR/USD..needs one more day up to get going to the upside.
AUD/USD…is in a figure range. 77.10-76.00. Trade the range or the next breakout.
Commodities…
OIL…57 is support. 60 is resistance and the closing upside pivot.
General Comments or Valuable Insight
This is a level to exercise caution for the shorts in the Equity Indices. SPU/BONDS are trading into major mvg average support matching the first big fib retrace in the DAX.
The Equity indices need some work to get through these levels. meaning you can’t sell weakness.
Time Frame Trading today.