Before Market Opens (BMO) Trading Commentary . . .
* Asian markets finished Mixed today: China=---%, (China's last trade = Sep-30th) Hong Kong=-0.40%, and Japan=+1.47%. * European markets are Down so far today: England=+0.06%, Germany=0.00%, and France=0.00%. * U.S. stock futures are Up some right now due to short covering overnight as they consolidate some of Monday's decline. 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 48.74 / 114.16 . . . * 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 Up: between approximately 1132 - 1140 ... use these Bounds as possible Targets for Trading today. * The US-Dollar is Down to 78.33 now. The Euro is Up to 1.3762 now. See forex prices down the left-side of our Home page. (click link below) * Gold is Up to 1328 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 3.679 now.