Nasd 100… is key. resting sell stops are @ 3668.50.
Closing below this level will be price negative and very bullish bonds.

TLT…looks headed towards 110 with a confirmation today from the “USAH” 30 yr. Bond Futures over it’s 200 day mvg avg of 133.20 .

OIL…I want to sell @ 102.85 today. I’m looking for today to be the high for a while.

This level would have to trade and reject quickly for at least 80 cents to confirm the level. (Print 102.85 and then break through 102)

This is a trade for pros only, since it is a trade that has to be managed.

On an inventory day there is always the outlier that we can get closer to 105 before topping, however I am looking for today to be a high for a while.

Soybeans…14.45 is my high level for the qtr.

In the medium term view 1/2/14
I had stated the beans were in a 2 dollar range from 12.40-14.45.

Gold…sell any rally close to 1340 with a stop over the high. April is now front month.

The spread is nominal. Continue to use the the macro (G) Feb #’s going forward.