Cocoa Comes Back
Cocoa
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PowerRating) is rallying out of aPullback From Highssetup, triggered above the high of Fridays low bar (day three) day. Cocoa fellas many as 85 points Wednesday and Thursday of last week. The market is rea
Separating The Wheat From The Chaff
With very little new fundamental information
Naz Hits Fib Level
The Nasdaq Composite has now retraced .618% of the Jan. 3to Jan. 24 run, an important Fibonacci level. Looking for a place to trade this? Our new subscription service, S&Pand Nasdaq Price Action Levels by Carolyn Boroden, has calculated support inthe Nasdaq 100 futures
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Bonds Ramp Up To Launch
Debt futures traders kept a close eye
Euro Thrashed
Weaker-than-expected industrial production and corporateearnings numbers from Europe, coupled with an unexpected up-tick in continentalinflation, is putting currency traders on the defensive and sending thesingle-currencyeuro FX futures
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In The Cross-Hairs
Traders scrutinized new economic data from Europe and trained their sites on
Yen Dives
The Japanese yen took its biggest one-day tumble in over a month on a reportthat business confidence in that country declined for the first time in 11quarters. Currency traders are also looking ahead to tomorrows revised Q3 GDPfigures and calculating that expected lower figures will show that the
Right-Wing Rally
The victory of Ariel Sharon as prime
minister in Israel
Panning For Gold
A volatility burst to the downside in silver (seeyesterdays Mid-Day Futures Alert), a relatively strong dollar, and disrupted demandin one of the largest consumer markets of bullion (India), have all conspiredfundamentally to undermine gold prices. Technically,April gold
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King For A Day
The dollar index reigned in currency futures trading,
Quake Shakes Silver
Weakening demand due to a devastating earthquake in India, one of the worldslargest consumers of silver, is pressuring silver. Fridays Commitmentof Traders report also showed an unusually high number of funds and specslong the metal, setting up a situation ripe for a bull squeeze, a developmenthig
All Shook Up
Weakening demand due to internal disruptions caused by a devastating earthquake