Stocks..
Spu’s…are caught between 1627 and 1638.
Nasd 100…needs to sustain over 3085 for higher.
Bonds…
No change
FX…
Euro…is into short term support at 132.40-20.
EUR/AUD…a close under 148.22 is needed for help with more Euro weakness
Commodities…
Gold…so far held 1404.
Silver…23.75-80 was resistance and is now interim support.
Oil…110 is resistance and the short term upside pivot. 108.70 is
support and the downside pivot.
Soybeans…13.60 is support and the downside pivot in the Nov. beans. Once below look for an initial 20 cents down.
General Comments or Valuable Insight
It’s another night with the best trades being the opening range trades in early Asia. Directional trading remains to be best during this time frame.
The U.S. session remains dominated by HFC ( High Frequency Trading) front running the public.