Author: Tom Busby

March 28, 2011 The equity markets have regained solid footing and put together a 8 trading session rally.  Price is now entering a potential resistance area and is in the middle of a large trading range that formed in late...

March 14, 2011 The equity markets have had increased volatility and continue to express concern over international events.  It began in Egypt, spread to Libya and now the disaster in Japan and the potential issues resulting...

March 7, 2011 The equity markets continue to deal with international unrest which has pressured the price of crude oil up over $104.  This will be an important factor to monitor as it will likely impact trading...

March 7, 2011 The equity markets continue to deal with international unrest which has pressured the price of crude oil up over $104.  This will be an important factor to monitor as it will likely impact trading...

Weekly Dollar Index: The DX opens the week at 78.39  Above 78.50 look for the DX to rally past 78.75 and 79.00 to challenge 79.50 and 80.00.  Below 78.00, look for the DX to move down through 77.50 and 77.00 before...

Weekly Dollar Index: The DX opens the week at 79.43.  Above 79.75, look for the DX to cruise past 80.00 and 80.25 to challenge 80.50. It should then step up past 81.00 to challenge 81.50. Below 79.00, look for the DX to...

Daily Opinion A break higher than 1287.00 should send the market up through 1289.00, 1292.00, and 1294.00 before climbing past 1297.00 to challenge 1300.00 Below 1277.00, the market should drop past 1275.00 and 1272.00 to...

Weekly Dollar Index: The DX opens the week at 79.31. Above 79.75, the DX should challenge resistance at 80.00, and then climb past 80.50, and 81.00 to challenge 81.50, and 82.00. Below 79.00, the DX should drop past 78.50, and...