Name: Jim Wyckoff 
U.S. Dollar Weaker in Morning Trading
CURRENCIES
The June U.S. dollar index is weaker in early trading today. Slow stochastics for the dollar index are bearish early today. The dollar index finds shorter-term technical resistance at the overnight high of 73.48 and then at 73.75. Shorter-term support is seen at the overnight low of 73.20 and then at 73.00. Today's key near-term Fibonacci support/resistance level: 74.21. Wyckoff's Intra Day Market Rating: 4.0
The June Euro is firmer in early electronic trading. Euro finds sell stop orders are likely located just below technical support at 1.5400 and then just below support at this week's low of 1.5340. Shorter-term technical resistance for the Euro is seen at 1.5500 and then at this week's high of 1.5547. Buy stops likely reside just above those levels. Slow stochastics for the Euro are bullish early today. Today's key near-term Fibonacci support/resistance level: 1.5537. Wyckoff's Intra Day Market Rating: 6.0
GOLD
Gold is solidly higher in early dealings today. For June gold, shorter-term technical resistance is seen at $900.00 and then at $910.00. Buy stops likely reside just above those levels. Sell stops likely reside just below support at the overnight low of $880.50 and then at $875.00. Today's key near-term Fibonacci support/resistance level: $901.00. Wyckoff's Intra-Day Market Rating: 7.0
CRUDE OIL
Crude oil prices are sharply higher early today and hit another fresh all-time high above $127.00 in early trading today. Look for buy stops to reside just above resistance at $128.00 and then just above resistance at $129.00. Look for sell stops just below technical support at the overnight low of $126.00, and then more sell stops just below support at $125.00. Today's key near-term Fibonacci support/resistance level: $124.40. Wyckoff's Intra-Day Market Rating: 8.0
GRAINS
Prices were higher in overnight trading. Grain traders will also continue to focus on the key "outside markets"--crude oil, gold and the value of the U.S. dollar today. These outside markets are solidly in a bullish posture early today. Grains could see a big upside day today, if the outside markets stay fully bullish.
