What’s Up, What’s Down: Higher Closes for Financial Futures

Comments for Tuesday, June 29, 2010

Looking Ahead to Today by Reflecting Back at Tuesday’s Price Action

FINANCIALS:

Higher closes Monday for the Eurodollars, notes and bonds again. The Eurodollar made its best high and close since May 13th and new CONTRACT HIGHS AND CLOSES FOR THE NOTES AND BONDS which, in itself, is pretty self explanatory! BUY SIGNALS FOR THE EURODOLLARS, NOTES AND BONDS. CALL FOR DETAILS!

Eurodollars Chart

Treasury Note Chart

 Treasury Bond   Chart

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. Email Rick at ralexander@zaner.com.

The information in this Report and the opinions expressed are subject to change without notice. Neither the information nor any opinion expressed constitutes a solicitation by Rick Alexander or the Zaner Group of the purchase or sale of any futures or options. Futures and options trading is speculative in nature and involves risks. Spread trading is not necessarily less risky than outright positions. Futures and options trading is not suitable for all investors.

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