SPU’s ...need back over 1974-6 for price recovery today.
30 Yr. Bonds… went into support.
So far both the Nasd 100 & S&P 500 did not get low enough for longer term pattern damage.
The last 30 minutes of trading should set the tone going into tomorrow morning.
Euro… has gone form one extreme to the next, attempting an ORL day with a close below 126.84. 126.20 has been support for a couple of weeks, so I’d rather sell a rally tonight near 126.80 with a tight stop than chase the pattern without further price action.
Aussie…it’s bouncing between unchanged on the qtr and unchanged on the yr.
The Dollar rally is causing a re adjustment of risk in the emerging markets.
Those equity markets are getting sold as investors worldwide are flocking into the dollar.
So far, the Bonds seem to be the recipient of those flows.
Soybeans...have filled the weekly gap from Sept @ $10.45.
All new closing price action over this level will lead to more upside.
