Stocks...
Spu’s...2083.25 is resistance and the weekly ORH#.
Nasd 100…4451.50 is the weekly ORH #.
DAX…11,250 is resistance. 10 ,615 is 200 DMA support.
Bonds …
30 Yr. Bond…153.11 is today’s mvg avg resistance.
FX…
GBP/USD…154.50.00 is the 200 DMA support and the top of the daily cloud.The weekly chart shows the room for a move to 152.50 by sustained and closing price action below the 200 DMA.
Commodities…
OIL…55.25 is today’s Point & Figure resistance. 52.30-40 is yearly fib support. Below look for Oil to move an initial dollar lower.
General Comments or Valuable Insight
After a late day retest of the 200 DMA in the Spu’s it was risk on again.This is a market where you can’t trade in the middle. Be patient and wait for opportunities. We’ve been moving from Support to resistance intra day.
Short term traders should keep taking profits at the resistance levels.
The dollar has had a pretty good move last night. Sell big rallies in the Euro & Aussie not breaks.
AUD/JPY is getting very oversold. 91.00 level can trap directional players.