Name: Jim Wyckoff 
U.S. Dollar Index Dips to Another All-Time Low Overnight
CURRENCIES
The December U.S. dollar index is slightly higher in early trading today, and did hit another fresh contract and all-time low overnight. Bears still have the solid technical advantage. Slow stochastics for the dollar index are bearish early today. The dollar index finds shorter-term technical resistance at Wednesday's high of 75.32 and then at 75.50. Shorter-term support is seen at the overnight contract low of 74.65 and then at 74.50. Today's key near-term Fibonacci support/resistance level: 75.22 Wyckoff's Intra Day Market Rating: 2.5
The December Euro is lower in early electronic trading, but did hit a fresh contract and all-time high overnight. The Euro finds sell stop orders are likely located just below technical support at the overnight low of 1.4786 and then more stops just below support at 1.4760. Shorter-term technical resistance for the Euro is seen at 1.4900 and then at the overnight contract high of 1.4977. Buy stops likely reside just above those levels. Slow stochastics for the Euro are bearish early today. Today's key near-term Fibonacci support/resistance level: 1.4826. Wyckoff's Intra Day Market Rating: 6.0
GOLD
Gold is trading solidly higher in early dealings today. For December gold, shorter-term technical support is seen at $805.00 and then at $8000.00. Sell stops likely reside just below those levels. Buy stops likely reside just above resistance at the overnight high of $816.00 and then just above resistance at $820.00. Today's key near-term Fibonacci support/resistance level: $820.00. Wyckoff's Intra-Day Market Rating: 8.0
CRUDE OIL
Crude oil prices are lower in early electronic dealings. In January crude, look for buy stops to reside just above resistance at the overnight high of $97.64 and then just above resistance at $98.00. Look for sell stops just below technical support at $96.00, and then more sell stops just below support at $95.00. Today's key near-term Fibonacci support/resistance level: $95.44. Wyckoff's Intra-Day Market Rating: 5.0
GRAINS
Prices were higher in overnight trading. The "outside markets" gold and crude oil, along with the U.S. dollar, will continue to dictate price movement in the grains. Soybeans are still the most bullish from a technical perspective at present, while corn bulls still have some upside technical momentum. In wheat, the bulls have regained some near-term technical momentum.
