Today will be another price action day. The overnight low in the Spu was a natural retest to the downside from a major technical resistance level. So far the re-test held. Now we will wait to see how the market digests the overnight volatility. We still need sustained price action over 1186 for higher.

EUR/CHF…my fear barometer has had another wild night. 110.30 and 112 seem to be decent resistance levels to watch today on the upside.

I have been questioned about the Gold from many of you that are long. STAY THE COURSE.

Model Trading Portfolio…Current Holding

Long S&P 500 Futures and or SSO

Many of you bought individual instruments ….( Contact for specific stops and tgt’s)