Stuff to watch for the rest of the day

330-331 in the Sept copper was resistance on the way up..

Those of you who shorted this with a 342 stop need some price action under this level.

This will portend even more equity weakness.


Usd/cad 102.50-70 is a big directional pivot and has been for the past few months.

A close over 102.70 ish usd/cad should match up with equity weakness. Watch for tone.


Spu should minimally fill the weekly gap around 1099.

A close below is not price positive


Oil.. 80.80 is the level to continue to watch for tone. Old resistance becomes support…Price action and a close below here is not

price positive for the stock indices. Watch for tone!


Silver….Investors who are long the futures should raise the 18.17 stop

to 18.27


This entry was posted in Archive, Uncategorized. Bookmark the permalink.