A.M. Look 7/30/15

Stocks...

Nasd 100...4591 is resistance.
Spu’s…2095 is the 50 DMA. This is now support. The long term P&F shows resistance back @ 2119-20, however you need to see all new strength over 2104 to get going.
DIG…the energy ETF’s trade with Oil. There is room to print 44.40
Bonds

30 Yr…153.13 is today’s support #. Below, look for another point.

FX…

Dollar is bid against all currencies with the exception of the Pound which is being bought on all the crosses.

Commodities…

Gold…1080 is the last chance closing hold # for Gold bulls.
Below they lose the possibility of a reverse head & Shoulders bottom.

General Comments or Valuable Insight

​My volatility indicator is getting into the overbought zone again for the S&P 500.
Be patient in the Indices.
The Bunds are rallying and our Treasuries are breaking. Interest rate differential 101.

Dollar rips.

150730_053619_CQG_Integrated_Client_Chart_S_DIG_-_ProShares_Ultra_Oil_&_Gas_Daily

150730_054447_CQG_Integrated_Client_Chart_GCEQ5_-_Gold_(Globex)_Aug_15_Daily

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