Stocks are lower as early optimism faded.The Obama administration still hasn’t provided any concrete details about their plan for the financial markets; this is pressuring financials.
March S&P:Failed at Friday’s high, is now testing Friday’s low at 752.50.Momentum shows more downside. Still watching for a test of the November low at 737.25
March NASDAQ:The January low at 1132 is the next target
March Dollar Index:Good buy day rally. Cleared 8719 resistance, 8751 is next
March EuroFX:Broke Fibonacci support at 12748, the 127 area is next
April Gold:Good bounce off 975 support for this bull market.See my blog post about gold from earlier here:
May Sugar:No breakout yet, 1291 is key support
April Crude Oil:A failed attempt to regain $40, 3880 is last support for today
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