U.S. Dollar Firmer Early
CURRENCIES
The June U.S. dollar index is firmer early trading today. Prices poked to 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 74.50 and then at 74.75. Shorter-term support is seen at the overnight contract low of 74.02 and then at 73.75. Today's key near-term Fibonacci support/resistance level: 75.12. Wyckoff's Intra Day Market Rating: 3.0
The June Euro is weaker in early electronic trading, after hitting a new contract and all-time high overnight. Euro finds sell stop orders are likely located just below technical support at 1.5000 and then more stops just below support at 1.4950. Shorter-term technical resistance for the Euro is seen at the overnight contract high of 1.5180 and then at 1.5200. 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: 1.5004. Wyckoff's Intra Day Market Rating: 6.5
GOLD
Gold is firmer in early dealings today, and did hit a fresh contract and all-time high overnight. For April gold, shorter-term technical resistance is seen at the contract high of $978.50 and then at the $985.00. Buy stops likely reside just above those levels. Sell stops likely reside just below support at $960.00 and then just below support at $950.00. Today's key near-term Fibonacci support/resistance level: $948.30. Wyckoff's Intra-Day Market Rating: 7.0
CRUDE OIL
Crude oil prices are weaker early today. In April crude, look for buy stops to reside just above resistance at the overnight contract high of $103.05 and then just above resistance at $104.00. Look for sell stops just below technical support at the overnight low of $101.545, and then more sell stops just below support at $101.00. Today's key near-term Fibonacci support/resistance level: $100.70. Wyckoff's Intra-Day Market Rating: 7.0
GRAINS
Prices were mixed in overnight trading. Corn was weaker, beans higher and wheat lower. The recent higher volatility is symptomatic of very mature bull markets. The volatility in wheat, especially, does suggest a market top is close at hand, or in place.


Name: Jim Wyckoff 






