S&P: Has reached 1234 in Globex trading but I don't think we'll see much of a reaction until the market gets to the 1/2 point of the box at 1246.
Bonds: will trade up to resistance at 117-08 but then drop to the downside target at 115-04.
10 Year Notes: will reach resistance at 112-08 and then drop to the downside target at 111-00.
Eurocurrency: I think this rally will at least reach 125. Support is 120.90.
August Crude: resistance is 60.85 and next downside target is the bottom of the box at 57.20.
Gold: I think that support at 422 will now be broken a bit but expect the market to hold 419. after that a move above 444 will begin.
Google: headed up to 327.
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