GOLD
Gold is lower in early dealings today. For December gold, shorter-term technical resistance is seen at $820.00 and then at the overnight high of $828.50. Buy stops likely reside just above those levels. Sell stops likely reside just below support at the overnight low of $812.00 and then at $805.00. Today's key near-term Fibonacci support/resistance level: $819.00. Wyckoff's Intra-Day Market Rating: 4.0
CRUDE OIL
Crude oil prices are lower early today, as the bears have regained downside near-term technical momentum. In October crude, look for buy stops to reside just above resistance at $114.00 and then just above resistance at $115.00. Look for sell stops just below technical support at the overnight low of $112.36 and then more sell stops just below support at the August low of $111.50. Today's key near-term Fibonacci support/resistance level: $115.52. Wyckoff's Intra-Day Market Rating: 4.0
GRAINS
Prices were solidly lower in overnight trading, amid bearish "outside markets"--a solidly higher U.S. dollar and lower crude oil prices. Trading has turned choppy in the grains, but the bears appear to be gaining fresh downside near-term technical momentum.