Stocks...
Bonds …
Bund…153.50 is support. 153.34 is today’s ORL #.
FX…
Euro…109.90-110.00 is resistance.
EUR/JPY…could get pushed toward 137.00 going into the end of trading today.
The feature is month end markings …Long Euro/Short commodity currencies
Commodities…
Gold…1080 is the last chance closing hold # for Gold bulls.
Gold…1080 is the last chance closing hold # for Gold bulls.
Below they lose the possibility of a reverse head & Shoulders bottom.
OIL…has elected the stops below Wed. low of 47.50. Crude is down 11 dollars on the month. Any price action into 47 should be viewed as a Bear Trap today.
General Comments or Valuable Insight
The Equity Indices will be a brutal trade today. The only thing that matters is where they close.
Follow the big 5 names today. GOOGL,NFLX,AMZN,FB & IBB
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……………………………………………………………………………………Current Positions…. Entry Stop TGT
Long QQQ 112.08 110.50
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Working Orders…
No working orders
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