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Re: blasher post# 9943

Wednesday, 10/06/2010 8:48:00 AM

Wednesday, October 06, 2010 8:48:00 AM

Post# of 10364
Before Market Opens (BMO) Trading Commentary . . .

* Asian markets finished Mixed today: China=---%, (China's last trade = Sep-30th) Hong Kong=+1.07%, and Japan=+1.81%.
* European markets are Down so far today: England=+0.88%, Germany=+1.02%, and France=+1.21%.
* U.S. stock futures are Mixed some right now with the Nasdaq the only Index slightly Down. See U.S. Stock Index futures prices down the left-side of our Home page and clicking on the "quotes and charts" link for the latest prices. (click link below)

Overnight . . .
* QQQQ/SPY are currently Trading at 49.73 / 116.37 . . .
* Subscribers, see the Members Tab and use the Charts and Commentary I post each night and weekend for Support / Resistance / Target details. (click link below)
* the S&P-500 futures Range-Bounds have been Sideways: between approximately 1154 - 1160 ... use these Bounds as possible Targets for Trading today.
* the US-Dollar is Sideways to 77.88 now. The Euro is Sideways to 1.3862 now. See forex prices down the left-side of our Home page. (click link below)
* Gold is Up to 1346 now. Members, please refer to my Gold Chart and Commentary on how to Trade this precious metal. (click link below)
Gold broke through Resistance at $1260 and is still Holding it to signal a primary advance to $1360. Reversal below $1240 would warn of a correction to primary Support at $1160. The recent surge in spot gold is attributable to the weakening dollar, but there are Technical factors as well.
* Copper is Up to 3.750 now.
Copper prices and their Trend represent economic health around the World.

... read much, much more, including today's outlook and Charts, at http://www.StocksDoc.com/BMO.php .



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