A.M. Look 7/1/15

Stocks...

Spu’s...2083 is resistance.

Nasd 100…4460 is resistance.
DAX…11,250 is resistance.
Bonds …
30 Yr. Bond…152.06 is the low risk sell zone and the closing upside pivot.
149.18 is the 200 DMA.
TBT…48.88 is weekly mvg avg support. 47.60 is where the 50 & 200 DMA cross.
This is the must hold level for TBT bulls.
FX…

GBP/USD…is slowly grinding through it’s fib support @ 156.50. This should move in 50 pip increments to the downside.

Commodities…
Gold…macro pattern sell stops are @ 1165.

General Comments or Valuable Insight

Full Moon Trading at it’s finest.

Keep it simple. Use yesterday’s closes for risk management.
Trade the levels and pick a side.
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