Name: Jim Wyckoff 
U.S. Dollar Weaker in Early Dealings
CURRENCIES
The September U.S. dollar index is lower 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 72.14 and then at 72.50. Shorter-term support is seen at the overnight low of 71.96 and then at 71.55. Today's key near-term Fibonacci support/resistance level: 72.51. Wyckoff's Intra Day Market Rating: 4.0
The September Euro is slightly higher in early electronic trading. Euro finds sell stop orders are likely located just below technical support at the overnight low of 1.5860 and then just below support at 1.5800. Shorter-term technical resistance for the Euro is seen at the overnight high of 1.5901 and then at 1.5940. 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: 1.5822. Wyckoff's Intra Day Market Rating: 6.0
GOLD
Gold is trading solidly higher in early dealings today. For August gold, shorter-term technical resistance is seen at the overnight high of $977.00 and then at $982.50. Buy stops likely reside just above those levels. Sell stops likely reside just below support at $970.00 and then at the overnight low of $965.90. Today's key near-term Fibonacci support/resistance level: $960.00. Wyckoff's Intra-Day Market Rating: 7.5
CRUDE OIL
Crude oil prices are slightly lower early today. In August crude, look for buy stops to reside just above resistance at the overnight high of $132.07 and then just above resistance at $133.00. Look for sell stops just below technical support at $130.00 and then more sell stops just below support at $129.00. Today's key near-term Fibonacci support/resistance level: $131.74. Wyckoff's Intra-Day Market Rating: 5.5
GRAINS
Prices were higher in overnight trading, on a short-covering bounce after recent losses. Weather in the Corn Belt is still overall bearish, with beneficial rains and no real oppressive heat in the forecasts. The path of least resistance right now in all the grains is sideways to lower. Grain traders continue to closely monitor "outside markets." The outside markets are neutral today as crude oil is slightly lower and the U.S. dollar index is slightly weaker.
