Name: Jim Wyckoff 
U.S. Dollar Higher in Morning Dealings
CURRENCIES
The June U.S. dollar index is higher in early trading today. Slow stochastics for the dollar index are bullish early today. The dollar index finds shorter-term technical resistance at the overnight high of 72.70 and then at 73.00. Shorter-term support is seen at 72.50 and then at the overnight low of 72.18. Today's key near-term Fibonacci support/resistance level: 72.73. Wyckoff's Intra Day Market Rating: 5.0
The June Euro is weaker in early electronic trading. Euro finds sell stop orders are likely located just below technical support at the overnight low of 1.5625 and then just below support at 1.5600. Shorter-term technical resistance for the Euro is seen at 1.5700 and then at 1.5750. 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: 1.5708. Wyckoff's Intra Day Market Rating: 5.0
GOLD
Gold is solidly lower in early dealings today. For June gold, shorter-term technical resistance is seen at $900.00 and then at the overnight high of $909.20. Buy stops likely reside just above those levels. Sell stops likely reside just below support at the overnight low of $888.30 and then at $880.00. Today's key near-term Fibonacci support/resistance level: $880.00. Wyckoff's Intra-Day Market Rating: 3.5
CRUDE OIL
Crude oil prices are sharply lower early today. In July crude, look for buy stops to reside just above resistance at $127.00 and then just above resistance at $128.00. Look for sell stops just below technical support at $125.00, and then more sell stops just below support at $124.00. Today's key near-term Fibonacci support/resistance level: $126.00. Wyckoff's Intra-Day Market Rating: 4.0
GRAINS
Prices were lower in overnight trading, amid bearish "outside markets." Grain traders will continue to focus on the key outside markets--crude oil, gold and the value of the U.S. dollar. As we head into summer, grain traders will keep a closer watch on the weather forecasts during the growing season for U.S. corn and soybean crops. Right now, the weather in the Corn Belt is benign for corn and beans, but that is likely to change at some point soon.
