With the US Core Durable Goods Orders number coming out during the day and of course the UK GDP numbers, we could have quite a bit of volatility in the markets overall. With this, we look at the following 3 assets:

Gold

Gold fell slightly during the day on Wednesday, as we continue to push up against pretty significant resistance. If the market breaks above the $1275 level, it appears that the call buyers could very well jump in, being encouraged by the move. On the other hand, if we pullback from here call buyers will probably make their presence known again at the $1260 handle.

WTI Crude Oil

The WTI Crude Oil market continues to roll over, as we have more supply than anticipated. With this being the case, the bearish pressure picks up and if we can break below the $49 level significantly, we could continue to go lower, perhaps even down to the $47 handle given enough time. However, any bounce at this point would suggest that we would have continued consolidation as we had seen over the last couple of weeks.

Coca-Cola

With better than expected revenue reported during the day on Wednesday, Coca-Cola could very well find call buyers coming into the marketplace. A break above the $43 level would show a significant move above the resistance barrier, and with that should have call buyers pushing higher and higher over the next several sessions.