A.M.Look 7/23/10

I do not perceive any big changes in the board today.

What was resistance now becomes support in the spu.

1085-87 on the downside for first support….with

1111+- a couple of points remains the big upside hurdle ( unchanged on the year)

intermediate resistance is now at 1095


Aussie…Same as above…the old resistance of 8850-70 should now hold any retracements if the

upside breakout is real.


The risk on relationships are to be watched

long spu/ short bonds

long Aussie/ short yen


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