Comments for Wednesday, March 24, 2010
Looking Ahead to Today by Reflecting Back at Tuesday’s Price Action
Higher for the Eurodollars and notes while lower for the bonds. The Eurodollar still has its TRIPLE TOP still in place but I’m eliminating my sell signal staying neutral until it breaks out of its sideways pattern more clearly. The bonds keep just missing a buy signal while the notes have been losing some steam at this time. BUY SIGNAL FOR THE NOTES. CALL FOR DETAILS.
See the balance of my morning comments, including the Metals, Softs, Energies and Grains, at my website. For my complete coverage, visit my commentary page at www.markethead.com.
Rick Alexander has been a broker and analyst in the futures business for over thirty years. He is a Vice-President for Sales and Trading at the Zaner Group (www.zaner.com) a Chicago-based futures brokerage firm. If you would like a free booklet explaining the charts mentioned above, email Rick at firstname.lastname@example.org.
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