Midday Missive

CAT…85.25 should prove to be big resistance.

30 yr….134.10-14 is the next resistance level for today.

Bunds…are holding up over 142.00. 143.15 is our next tgt.

As long as the interest rate Futures remain firm look for GOLD/EURO to continue being firm.

EUR/AUDprice action below 139.50 will lead to more Euro weakness

EURO…macro sell stops are under 127.50. 128.09 is today’s ORL #.

Caution in looking for a lot of follow through to the downside,
or taking the signal off the chart pattern, because the RSI’s are too low
for our Risk profile.

 

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