Bernanke really hasn’t said anything to buoy the markets. He said that the recession will end when the banks and credit markets stabilize (boy, I could have said that!).

March S&P:Quiet day. There’s been a bullish divergence between momentum and price the past few days. 760 is resistance.In the intermediate term, holding here would create a double bottom with the November low.
March NASDAQ:Has to regain 1153.50.
March Dow:Weakest of the three stock indices I follow; has to get back over 7400.
March Dollar Index:Doji bar so far for today; looks like tomorrow will be a momentum sell short day.
April Gold:Broke trendline support; holding Fibonacci support at 963.50. Tomorrow should be a momentum buy day.
March Silver:Broke trendline support and old high support at 1393.1370 is the next support area. Chart looks worse than gold’s.
March Copper: Regaining 150 is key for the bulls. This is a breakout day rally, so I’d be cautious about the long side tomorrow.
April Live Cattle:8567 is a 50% retracement of this month’s selloff.
Soybeans, Soymeal:Tight range so far today, setting up for a breakout day tomorrow?

Copyright 2009
This feed is for personal, non-commercial use only.
The use of this feed on other websites breaches copyright. If this content is not in your news reader, it makes the page you are viewing an infringement of the copyright. (Digital Fingerprint:


Futuresinsightblogcom?d=41 Futuresinsightblogcom?d=43 Futuresinsightblogcom?i=jMyfRYjH Futuresinsightblogcom?i=tlUbKVPq Futuresinsightblogcom?d=129