US EQUITY FUTURES REPORT 03/26/2009

EQUITIES PUSH TROUGH AND HOLD ABOVE KEY RESITANCE LEVELS AS BETTER THAN EXPECTED TREASURY AUCTION RESULTS SUPPORT CONFIDENCE FOR US RECOVERY STRATEGIES.

US Equities broke through significant resistance levels today, allowing the major market indices to remain on track for their best monthly gain in decades. NASDAQ futures rallied into positive territory for 2009 as the cash rich sector garnered support from renewed positive sentiment regarding the US government led recovery plan. Early gains seemed destined to stall out again until the results of the final Treasury auction of the week-a record $24 billion of US 7 year notes-posted a very respectable bid to cover and lower than expected yield.

Commodity, Technology, and Retail stocks led the markets higher today as better than expected earnings reports from Best Buy and ConAgra Foods allowed the creation of a somewhat longer term outlook for recovery in these basic sectors. Rising commodity prices, particularly in energies, helped to support a broad based rise in equity prices The rise in these sectors was strong enough to overcome pressure in the financials after Treasury Secretary Geithner testified before Congress today, calling for sweeping overhauls and creations of new oversight powers for the purpose of controlling the levels of risk that financial institutions are allowed to take.

Technically, June Dow futures broke through and held above a key resistance level of 7800. While the move higher is beginning to look slightly toppy for the week, there is a setup for a possible test of the 7990 level, with the next key level of resistance at 8090.Support has reset at the 7460 level.

EQUITY RANGES

OPEN

HIGH

LOW

CLOSE

CHANGE

DJM9 (JUNE DOW)

7765

7880

7700

7849

+169

SPM9 (JUNE S&P)

818.00

830.50

811.00

827.30

+19.10

NDM9 (JUNE NASDAQ)

1254.00

1282.00

1249.00

1273.00

+39.50

Prepared by Rich Roscelli & Paul Brittain.

Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. Alaron Trading Corp. its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.