Dow Rebounds, Euro Slides
Marc Dupee will be out of the
office until April 9. In his absence this column is being written by
TradersWire’s Duke Heberlein.
Dow futures
(
DJM1 |
Quote |
Chart |
News |
PowerRating) are staging a rally this
morning, rising more than 200 points off their intraday low. They have pulled
back slightly but appear to be regaining some steam and bouncing of the
20-period moving average.
June dollar index futures
(
DXM1 |
Quote |
Chart |
News |
PowerRating) are showing
continued strength, up 0.55 at 116.67. The euro FX futures
(
ECM1 |
Quote |
Chart |
News |
PowerRating)
are falling out of a pullback from lows.
April crude oil
(
CLK1 |
Quote |
Chart |
News |
PowerRating) is pausing
after yesterday’s plunge and still appears vulnerable.
Finally, soybean
oil
(
BOK1 |
Quote |
Chart |
News |
PowerRating) is tracing out a mini cup and handle atop its 20-day moving
average.
