Apart from the upwards move in Gold, yesterday proved to be another quiet day. The negativity continues with some disappointing economic data, warnings over Greece and higher oil prices. Today is a busy day for data with Weekly Jobs, Home Sales and University of Michegan Survey to be released in the US this afternoon.

S&P 500

The S&P tested 1353 and has so far bounced this morning to 1362. I want to buy at 1356 with a stop at 1348 looking for a test of the 1370/1375 level where I will take profit and go short the first time we hit this level.

Gold

Gold broke the 1763 level giving me a signal to go long the market. I plan to buy on any pull back below 1770 looking for a test of 1800 with a stop below 1758.

Bund

The Bund had a big move up from the 138.00 level – I plan to buy from 138.50/138.60 looking for a test of 139.50

USD/JPY

The Japanese Yen is steady overnight so I still want to buy USD/JPY in 7950/7970 area as I look for more Yen weakness.

Eurodollar

The Euro has broken 1.33 level this morning, I want to buy here with a stop below 1.3270.