Name: Jim Wyckoff 
U.S. Dollar Weaker in Early Dealings
CURRENCIES
The September U.S. dollar index is weaker 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 73.31 and then at this week's high of 73.49. Shorter-term support is seen at the overnight low of 73.02 and then at this week's low of 72.85. Today's key near-term Fibonacci support/resistance level: 73.54. Wyckoff's Intra Day Market Rating: 4.0
The September Euro is weaker in early electronic trading. Euro finds sell stop orders are likely located just below technical support at the overnight low of 1.5596 and then just below support at 1.5550. Shorter-term technical resistance for the Euro is seen at the overnight high of 1.5673 and then at 1.5700. 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: 1.5667. Wyckoff's Intra Day Market Rating: 5.0
GOLD
Gold is lower in early dealings today. For August gold, shorter-term technical resistance is seen at the overnight high of $926.80 and then at $930.00. Buy stops likely reside just above those levels. Sell stops likely reside just below support at the overnight low of $917.20 and then at Tuesday's low of $913.00. Today's key near-term Fibonacci support/resistance level: $912.40. Wyckoff's Intra-Day Market Rating: 4.0
CRUDE OIL
Crude oil prices are lower early today, on a corrective bounce from recent solid losses. In August crude, look for buy stops to reside just above resistance at the overnight high of $138.28 and then just above resistance at $140.00. Look for sell stops just below technical support at the overnight low of $135.73 and then more sell stops just below support at $134.00. Today's key near-term Fibonacci support/resistance level: $138.95. Wyckoff's Intra-Day Market Rating: 6.0
GRAINS
Prices were mixed in overnight trading, with corn lower, soybeans higher and wheat near unchanged. This week is historically one of the more important trading weeks of the year in the grains, and the bears winning the battle this week. How the corn and soybean markets close on Friday will be key for near-term price direction in those markets. Closes near the weekly low on Friday would be significantly bearish. Corn and bean traders are reacting to the latest weather forecasts for the Corn Belt, which at present favor the bearish camp. Wheat futures have turned more bearish this week. "Outside markets" today are bullish--higher crude oil and a weaker U.S. dollar.
