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blasher

10/05/10 8:16 AM

#9943 RE: blasher #9940

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.

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



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