Gold is Key Now
Most markets are honoring the longterm resistance levels that will define the top of the trading range for 2011 (bottom and support for the dollar and T-Bonds). Gold and silver remain the hold outs. It will take a close under 1440 on gold to fill in that piece.
Also our Flash Crash monitor is as of today staged to trigger again. This is the first time since March 2nd which was followed by a 60 point drop in the S&P. We will let you know if it triggers. If you would like for the computer trading signal to be sent to your email address, just send your email address to email@example.com with the words, send flash signal.