After some panic buying this A.M. our upper tgt’s were hit in the EWZ, close enough in the TBT, and
to the tick in the 30 yr. Futures.

We’re looking to Buy hard breaks in Risk assets and Sell hard rallies in the 30 Yr. into month end.
We’ll look again mid-week, next for further opportunity.

Oil over-ran it’s tgt’s as did the Euro.
Euro is still the wrong way on the crosses to give up much today.

YEN…the low in the Yen futures was unchanged on the month @ 127.67. This is driving some profit taking in the crosses.

Pall…Palladium is attempting an ORH qtr. 67.52 is the hold level to monitor over the next couple of weeks.
EWP…Spain 29.53 is the Qtrly ORH #
EWG…Germany  23.72is the Qtrly ORH #
Platinum…1669.40 is the Qtrly ORH #

FXI…35.67 is the Monthly ORH #
BHP…70.60 is the Monthly ORH #

SMH…The semi have lagged this rally. 32.80-33.00 would be a good place to look for a hold zone.

The above levels should be noted and kept. Retesting these levels for instruments that are already above
the #’s would be good levels to try the long side with tight risk parameters.

We are closed for Rosh Hashanah

L’shanah Tovah u’Metukah (to a good a sweet year)