MONDAY July 13, 2009
To start the week both the AUDUSD and USDCHF where in play with a negative signal on July 10,2009.
In the AUDUSD on Monday July 13,2009 post the "Expectations are for the MKT to test the 7704 support with all trading below 7836. If the MKT is going to stabilize it will here." The MKT did stabilize and bounced up to its upper resistance.
AUDUSD
July 13, 2009 July 17, 2009
The USDCHF signal was not expected to follow through on its signal and it did not. The USDCHF has produced a BEAR TREND ACCELERATION signal but may be a little ahead of itself.
USDCHF
July 13, 2009 . July 17, 2009
TUESDAY July, 14,2009
The Tuesday July 14, 2009 post alerted of a positive opportunity in the NASDAQ. The Index jumped higher in early trading and is fast approaching big directional resistance at 1479.25. If the rally is going to stall it will here. A violation and the excitement has the potential to extend up to 1497.50-1496.25 before the sellers try to keep things under control. This move is still in play.
NASDAQ100
July 14, 2009 . July 17, 2009
WEDNESDAY July 15, 2009
WEDNESDAY July 15, 2009
The 30YR US Treasury MKT produced a negative signal on Wednesday "The 30yr took a tumble and is threatening to return to the aggressive sell campaign. FADE strength against the 118-06 Inflection Pivot expecting the worst. A break under 116-065 is need to confirm any new move lower. A failure here should be pressed with expectations of the market making a play for the 112-195 level. "
This negative signal is still in play opening the week on its breaking point and is currently flirting with a release.
30YR T-BOND
July 15, 2009 . July 17, 2009
THURSDAY 16, 2009
The Natural Gas MKT has been on a roller coaster and as was posted on Thursday July 16, 2009 did not follow through. The July'09 NAT GAS contract is heating up in an emotional roller coaster. Yesterday's strong showing produced a positive corrective signal reversing sentiment. Is the MKT turning? Don't make any commitments.
NAT GAS
July 16, 2009 . July 17, 2009
JS
JS
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