There are no reports out this morning; there is a Cattle on Feed out after the close.No big news overnight, there were stories about bearish demand for agricultural and industrial commodities, but nothing major.
June S&P:Momentum buy day. Resistance is 786.25 and 795.
June NASDAQ:Momentum buy day.1209 is resistance.
June Treasury Bonds:Doji yesterday, breakout mode today.
June Japanese Yen:Momentum sell short day. 10480 is support.
June Euro Currency:Sell short day.13520 is support.
June British Pound:146 is resistance, 144 is support.
June Canadian Dollar:8080 is pivot today, momentum is bearish.
April Gold:Momentum sell short day; 950 is key support.Regaining 970 is key for the bulls.
May Silver:Momentum sell short day. 1350 then 1330 are support.
May Copper:New highs coming on lower momentum; 175 is suipport.
May Coffee:Held 115 overnight, 11745 is resistance.
May Cotton:4350 is resistance, i don’t think they can get through today.
May Crude Oil: As with copper, this rally is coming on lower momentum.Bearish divergence?
May Soybeans: 960-4 is trendline resistance.
May Wheat:Momentum sell short day.
May Corn:393 is support, 398 is resistance.
This is the morning update for my Swing Trader’s Insight service. For more information and to sign up for a free trial, go here.
.gif "Swing Traders Insight Futures Watch List for March 20")
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:
f2ea78dd95959aa32f651cec20a16e23)
