Citigroup and GE both posted good earnings reports. Citigroup’s earnings were better than expected (if you want to believe them).There are reports of demand for the US Dollar, and Moody’s may downgrade Ireland’s debt-that’s pressuring European currencies. Consumer confidence is out at 9 AM.
June S&P:Monday’s high at 861.25 is resistance.
June NASDAQ:Momentum sell short day.First support is 1233.50.
June Dow:There’s lower momentum on this push up, and MACD appears ready for a bearish crossover.Be careful here.
June Treasury Bonds:Broke Fibonacci support at 12629 and 12619; I’ve got next support at 12605. ID/NR breakout setup.
June Yen:Bull flag?Momentum is bullish; 10095 is resistance, 10115 is key resistance.
June Euro Currency:Broke support at 131 to 13095 on a breakout sell day; 13000 is next downside objective.
June British Pound:Trading at support of 14826; momentum is bullish, but the buy day may wait for Monday.
June Canadian Dollar:Has to regain 7200; is MACD nearing a bearish cross?
June Gold:865 is the low for the month, should be support. Momentum is bullish.
July Silver:1200 to the March low of 1196 is support; momentum is bullish.
July Copper:Momentum is bullish; there’s trend line support at 214.50.
July Cocoa:There’s support at old S/R of 2360.
July Sugar:Trading on Fibonacci support of 1330, MACD looks ready for a bearish crossover.
July Coffee:Trying to hold 115; 11640 is resistance.
July Cotton:Trading at the recent high of 5005.
June Crude Oil:Came in on a breakout setup; still stuck in yesterday’s range.
June Hogs:Bullish MACD crossover; will that be what pushes it out of the channel?7300 is support, 7400 is resistance.
July Soybeans:The January high at 1076 is the target.
July Corn:Ready to break down?392 then 387-4 are support.
July Bean Oil:Ready to breakout up?Watch yesterday’s high at 3737.
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.gif "Swing Traders Insight Futures Insight Watch List for April 17")
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