Before Market Opens (BMO) Trading Commentary . . .
* Asian markets finished Mixed today: Japan=+0.37%, Hong Kong=-0.09%, and China=+1.72%. * European markets are Down so far today: France=-0.18%, Germany=+0.24%, and England=+0.73%. * U.S. stock futures are Up some right now as investors express optimism about the economy. 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 the link below)
Overnight . . . * QQQQ/SPY are currently Trading at 49.35 / 114.68 . . . * Subscribers, see the Members Tab and use the Charts and Commentary I post each night and weekend for Support / Resistance / Target details. [click the link below) * the Range-Bounds have been Up: between approximately 1135 - 1144 for the S&P-500 futures .. use these Bounds as possible Targets for Trading today. * The US-Dollar is Down to 78.55 now. The Euro is Up to 1.3718 now. See forex prices down the left-side of our Home page. [click the link below) * Gold is Up to 1316 now. Members, please refer to my Gold Chart and Commentary on how to Trade this precious metal. [click the 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 ... READ more about this under the Members Tab tonight. [click the link below) * Copper is Up to 3.653 now. Copper prices and their Trend represent economic health around the World.