Dr. Nenner has some critical momentum break down levels for the SPU and NASD
right in this area. 43300 in the Copper seems to match up with these levels.
Closing below these numbers are negative the equities.
Those of you that have tried the long side of the dollar should use tight stops over
today’s highs in the IMM pit session.
Silver..35.385 fills the weekly pit gap. A close below 34.48 is needed for an outside
reversal day to the downside.
Crude back filled early. 102.40-75 is now the key hold level for (J) April
This is not a particularly good time of day to press direction since it is typically the lowest volume part of the day.
—
