Name: Jim Wyckoff 
U.S. Dollar Solidly Lower in Early Trading
CURRENCIES
The September U.S. dollar index is solidly lower in early morning trading. Slow stochastics are bearish early today. The dollar index finds shorter-term technical resistance at the overnight high of 82.53 and then at 82.75. Shorter-term support is seen at 82.00 and then at 81.80. Wyckoff's Intra Day Market Rating: 3.0
The September Euro is solidly higher in early electronic trading. The Euro finds sell stop orders are likely located just below technical support at 1.3450 and then more stops just below support at the overnight low of 1.3418. Shorter-term technical resistance for the Euro is seen at 1.3500 and then at 1.3550. Buy stops likely reside just above those levels. Slow stochastics for the Euro are bullish early today. Wyckoff's Intra Day Market Rating: 7.0
GOLD
Gold is trading higher in early dealings today. For August gold, shorter-term technical support is seen at $655.00 and then at the overnight low of $653.50. Sell stops likely reside just below those levels. Buy stops likely reside just above resistance at $660.00 and then at $662.50. Wyckoff's Intra-Day Market Rating: 6.0
CRUDE OIL
Crude oil prices are weaker in early electronic dealings. There is strong overhead resistance around the $70.00 level. In August crude, look for buy stops to reside just above resistance at the overnight high of $68.72 and then just above resistance at $69.00. Look for sell stops just below technical support at $68.00, and then more sell stops just below support at this week's low of $67.65. Wyckoff's Intra-Day Market Rating: 6.0
GRAINS
Prices were solidly lower overnight trading. Beneficial rains have fallen over the dry eastern Corn Belt the past 48 hours. That has pressured the markets lower, as profit-taking from recent strong gains has been featured. Trading today in the grains will be extra important. All eyes will be on updated weather forecasts this morning and at midday. Here's the key for traders: Weather forecasts can and will flip-flop on near-term expectations for the Corn Belt. But key is to watch for a trend change in the weather patterns.
