EXTREME (too much) Opening . . . not playing the GOM today ... but StocksDoc.com Members, please use Charts -2 and -4 from last night and this past weekend along with their Commentaries to make your Stock Holding/Trading decisions. Everything appears to be setting up perfectly right now.
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.