Five Levels to Watch Ahead of FOMC

1) 75.95 in USD/JPY, it’s the all-time low reached Aug 18. Spot at 76.68

2) 1.3792 in EUR/USD, this is the close on Friday and would fill the gap. Spot at 1.3778.

3) $1850 in gold. Everyone is talking about this level. If it breaks, we’re going back to the highs

4) $90.52 in WTI oil. A close above this would be a big positive for risk appetite.

5) 1230 and 1188 in the S&P500. Moves above/below point to another 2-3% move in the same direction.