 Hi, good morning and welcome to today's products in focus. So having a quick look at the US 30 there You can see that it's just bounced off that potential support at fifteen thousand eight hundred and seventy as yesterday We had another sell-off across the other global equity markets as the banking crisis begins to unfurl across Europe The Deutsche Bank down at all time ever lows as of yesterday banks across Spain, Italy and Greece also down heavily and people are talking about Familiarity with this to the credit crunch in 2007 when we have a look at some of the other markets you'll get an idea about how deep that sell-off has been and we've also seen crude oil Continue its sell-off as well. So this is where we currently stand with the US 30 trading below that 21 period SMA The other technicals are relatively neutral, but the MACD histogram is decelerating Indicating we might get might get a bearish crossover on the MACD Which would maybe cause us to break it down below that potential support if it happens Jumping on to the UK 100. You can see we've already broken below 57 70 I'm just gonna very quickly go on to my weekly charts here. So we can see those levels a bit more clearly Looking here. You are looking at we're pretty much bang on there again Look at that 5600 and change the potential support level has bounced off there twice. This is in the weekly chart Let's go ahead and look at that from a daily perspective again You can just see that level is going to be strategically important and the short-term potentially strategically So that's the UK market obviously heavily influenced by the commodity markets This is where we are with the Japan 225. I get my drawing tool out here again We're looking for the next potential support. We'll just put it far away from anything 14394 would be the next potential support level with 16392 being the potential resistance Moving on then to dollar Yem Again quite a lot of negativity on the CFX pair people buying the yen as a hedge against uncertainty At the expense of the UF dollar. That's what's impacting the Japan 225 as well Japan Finance Minister still concerned by the extra strength that we're seeing in the Japanese yen coming at an opportune time for them But one that 114 yen spot 74 is a potential support level. There's must be a support level from a longer time period We're actually looking quite far away in that regard We have to go all the way all the way back to 2007 to find that potential level So even that's not really the strongest of potential support levels But it's still something to bear in mind jumping back on to the daily interval for now You can just get a flavor before we are for as long as we stay above 114 spot 74 that might act as potential support It's dipped down there today and yesterday, but it's closed above those levels if this was to Finish up with the candle formations like this You've got a big red candle a slightly smaller one and even smaller one There's could be a hammer formation where you might get a slight turn around and which case of that Is if that does happen from a technical perspective, you could be looking at 117 spot 36 as an extra potential resistance Moving quickly on to West Texas crude Another very negative day yesterday crude oil was down about 6% 26 spot 93 remains a potential support level. That's something to be very aware of Looking at gold as well gold very interesting candle formation for you've had the tips of these candles each time getting slightly lower A failure to break above psychological $1,200 actually ticked a little bit above there on Monday, but it's failed to break through there again so far today Finishing up there with your dollar and then GBP USD so your dollar had a particularly good date There yesterday One spot 14 as a potential resistance remember between two ranges right now one spot 13 is where we currently are with one spot 11 being the potential support the slap bang and love two ranges in fact So that does give you a bit of an idea about where we are Which makes it a little harder to trade if you're new looking at the RSI There's a 70% level right here where we could just kind of slightly tick below that level and that can give you Idea of where we are So then finishing up with GBP USD It's not done a whole lot yesterday also trading within two ranges one spot 46 40 is potential resistance and one spot 42 43 as potential support potentially supported by a two-man period SMA and Certainly that 55 period SMA is also slowly catching up at some point as well So that gives you a bit of an idea of what to expect in regards to academic data. We've already had some Signs that our petroleum data is going to come in This forecasting very very low compared to the previous that we've had right there So that could be an interesting one to have a look at and then if we have a look at Thursday Thursday also brings with it The unemployment claims in the US and Friday you've got a German GDP Eurozone GDP and Retail sales in the US and finishing up with a consumer sentiment survey University of Michigan sentiment index Okay, that's it from you guys to keep you on the chart for making sides perfectly forward and join me again tomorrow to find out what happened next Thank you very much and goodbye