A.M. look 8/26/10

Of note this a.m. are some closing momentum #’s

in the oil and Aussie around last night’s highs that need to be closed over.

These levels need to be monitored for further signs of a stock bounce.


We seem to be set up for a technical trade all day.


I like the Wheat against Yesterdays low for now, however a breach of that low will lead to lower

re trace levels closer to $6 in the (u).


Gold…1237.60 is the # to monitor for the next 2 days.

A Friday close above will be an outside reversal week to the upside. A price positive formation

for higher prices.


I still like the big low in the Eur/yen cross at 105.40 and the Aussie low yesterday 87.70.

Keep your Aussie stop at 87.70


seo analysis . .

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