Name: Jim Wyckoff 
Gold Hits Fresh All-Time High Overnight
GOLD
Gold is solidly higher in early dealings today. Prices hit a new all-time high overnight. For April gold, shorter-term technical resistance is seen at the overnight all-time high of $967.70 and then at the $975.00. Buy stops likely reside just above those levels. Sell stops likely reside just below support at the overnight low of $951.80 and then just below support at $945.00. Today's key near-term Fibonacci support/resistance level: $941.30. Wyckoff's Intra-Day Market Rating: 8.5
CURRENCIES
The June U.S. dollar index is solidly lower again in early trading today. Prices hit a fresh contract and all-time low overnight. Bears have the solid near-term technical advantage. Slow stochastics for the dollar index are neutral early today. The dollar index finds shorter-term technical resistance at the overnight high of 75.03 and then at 75.25. Shorter-term support is seen at the overnight contract low of 74.58 and then at 74.25. Today's key near-term Fibonacci support/resistance level: 75.65. Wyckoff's Intra Day Market Rating: 2.0
The June Euro is solidly higher in early electronic trading, and hit a fresh contract and all-time high overnight. Euro finds sell stop orders are likely located just below technical support at the overnight low of 1.4924 and then more stops just below support at 1.4878. Shorter-term technical resistance for the Euro is seen at the overnight contract high of 1.5028 and then at 1.5100. 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: 1.4782 Wyckoff's Intra Day Market Rating: 8.5
CRUDE OIL
Crude oil prices are firmer early today, and did hit a fresh contract and all-time high overnight. In April crude, look for buy stops to reside just above resistance at the overnight contract high of $102.08 and then just above resistance at $102.50. Look for sell stops just below technical support at $100.00, and then more sell stops just below support at $99.00. Today's key near-term Fibonacci support/resistance level: $99.50. Wyckoff's Intra-Day Market Rating: 7.5
GRAINS
Prices were sharply lower in overnight trading. May Chicago wheat was down $1.35 a bushel. Bulls look like they might struggle today. Key will be if lower price action is viewed by traders as a buying opportunity. If not, the bulls are going to be in trouble. This recent higher volatility is symptomatic of very mature bull markets, but there are still, as of yet, no real strong clues of market tops being in place.
