a.m. look 8/25/10

Today I am just watching the show play out.

levels of interest today are as follows:


Aud/Usd 87.80 The next significant level down is 86.50.

This will be a good level to watch for tone vis a vis more stock weakness.


Copper…315-17 is the first Fib support level. 307-08 is next.


In general I’d like to pick up a little (u) Wheat in the 6.40 area

Short term stock traders should be mindful of yesterdays spu low of 1043.50.

If the bulls make a mid week stand this will be a natural spot for it to occur.

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