My Lead In Thanks To Ed Steer's Gold and Silver Daily in my email.
Here's an S&P 500 chart that Nitin Agrawal sent my way yesterday. A rising wedge on declining volume is almost always a danger signal. This is similar to a graph that reader Scott Pluschau shared with us last week.
The opening numbers are as follows;
EUR/USD 1.3219
EUR/JPY 1.0817
USD/JPY 81.82
USD/CAD 99.17
The Yield on the 2 Year US Bonds is .32% and the Yield on the 10 Year US Bonds is 2.01% with the Spread 169 Basis points.
The shorter end is selling off and money is moving around possibly in money market funds. Gold is at $1,701.49 Spot.
INO US Dollar Index:
http://quotes.ino.com/chart/index.ht...=c&a=2&w=5&v=s
79.432 +0.293 (+0.38%)
2012-03-09 07:10:17, 30 min delay
http://quotes.ino.com/chart/intraday...=c&w=5&a=2&v=s
One Hour To Go To NFP Numbers...
Oil is Up and Europe is flat with Dow Futures Up 2 now.
Here's an S&P 500 chart that Nitin Agrawal sent my way yesterday. A rising wedge on declining volume is almost always a danger signal. This is similar to a graph that reader Scott Pluschau shared with us last week.
http://www.caseyresearch.com/gsd/sit...00-470x400.gif
It was a very slow news day yesterday...and my list of stories certainly reflects that...but there are quite a few must reads/watch/listens sprinkled throughout...so I hope you make time for those.The opening numbers are as follows;
EUR/USD 1.3219
EUR/JPY 1.0817
USD/JPY 81.82
USD/CAD 99.17
The Yield on the 2 Year US Bonds is .32% and the Yield on the 10 Year US Bonds is 2.01% with the Spread 169 Basis points.
The shorter end is selling off and money is moving around possibly in money market funds. Gold is at $1,701.49 Spot.
INO US Dollar Index:
http://quotes.ino.com/chart/index.ht...=c&a=2&w=5&v=s
79.432 +0.293 (+0.38%)
2012-03-09 07:10:17, 30 min delay
http://quotes.ino.com/chart/intraday...=c&w=5&a=2&v=s
One Hour To Go To NFP Numbers...
Oil is Up and Europe is flat with Dow Futures Up 2 now.