Support: 18610, 18535
Game Plan: Another new high in Dow but finally pulled back at top of ascending channel with momentum fading. Good risk reward short here with target towards bottom of channel near 18600 area
Resistance: 2180, 2194
Game Plan: Still chopping between 2150 and 2180. Stay neutral and trade the range
Support: 4660, 4560
Resistance: 4810, 4850
Game Plan: Remains under pressure and edging closer to bottom of channel. Can test the water on the long side at 4660 with a stop under 4650
Support: 43, 42.2
Resistance: 44.75, 46
Game Plan: Sharp bounce off 42, now headed for retest of descending channel just under 45.
Support: 1213, 1193
Game Plan: Bigger picture remains bearish as H&S pattern continues to dictate the direction. A relief bounce underway but likely stall at 1245 area.
10-Yr Treasury Note
Support: 126.5, 126
Game Plan: Finally some sign of stabilizing with a confirmed hammer candle reversal on the 4 hour chart. Can dip the toes at 126.5 and 126 for quick bounce
US Dollar Index
Game Plan: Tested 100 magnet and backed off. May fill Sunday evening gap at 99 before resuming higher. Sell towards top of channel near 100.4 area
Support: 17620, 17443
Game Plan: Consolidating in very tight range between channel breakout area and April highs. Risk is a sharp pullback if we drop back inside the channel towards 200MA.
Game Plan: Relentless squeeze continues after spiking above July swing high of 107.45, now 109.3 is next target.
Resistance: 1.0820. 1.0850
Game Plan: Oversold bounce, likely retest Sunday evening gap open area at 1.085. Dips to 1.07 would be a buy
Support: 1.238, 1.23
Resistance: 1.2498, 1.2542
Game Plan: Broke ST uptrend off lows, now we likely correct towards 1.23 area which would be a good re entry point for longs
Support: 0.7517, 0.7450
Resistance: 0.7570, 0.76
Game Plan: Dollar strength prevailed as LT uptrend has finally broken. Sell rallies at 0.76 for ultimate target of retesting Sept lows of 0.7450
Game Plan: Oil’s resurgence helped stall the gains, now battling at post Trump breakout area.