Trading Markets

Three Keys Suggested Equity Futures Weakness

Three down signals from the MarketBias Indicators Page hinted that stock index futures could sell off. Todaywe had a Connors VIX Reversal II, A Connors VIX Reversal VI and a TRIN Thrustsignal all pointing down. Three or more of these signals pointing down is a critical mass, giving a strong, strong

Pounded Pound Soups Around

British pounds
(
BPM1 |
Quote |
Chart |
News |
PowerRating) were looking pretty dismal after they plunged totheir lowest level of the year yesterday. Revised GDP figures came instronger-than-expected at 2.6% in the United Kingdom and that reduce

Juice Showing Canned Signs Of Momentum

Orangejuice
(
OJN1 |
Quote |
Chart |
News |
PowerRating) is showing that it could rotate into a momentum pulse.Since its lows at the end of April, juice has shown several thrusts, laps andgaps off its lows. Prior to yesterdays selloff, the co

Rare But Powerful Indicator

Notice that we have an unusually high number of MarketBias Indicators, suggesting todays move in stock index futures. Any three of thesesignals pointing in the same direction provide a strong suggestion we could movein a certain direction. Today we have seven indicators pointing down, an unusual

Euros Battle Inflation, Growth

More data of economic slowing in Europes largest economy,Germany, is sendingeuro FX futures
(
ECM1 |
Quote |
Chart |
News |
PowerRating) to their lowest level of the year in a steepdescent that continues a four-and-a-half-month down channel.Germ

Cattle Bronking To New High

August feeder cattle
(
FCQ1 |
Quote |
Chart |
News |
PowerRating), after hitting a two-month high three days ago, are rallying again.Notice that feeders action three days ago is telling. The gap-up action andfinish on its high is one of the stro