Gold April futures closes at 653.90, right above the 50 DMA and is pretty much the only green on my screen other than currencies against the dollar and yields. Crude oil April contract has one more day of trade and then we switch to May and hopefully that will start the next leg up.
Equities finished in the red, but NQ did manage a close above its 10 DMA. ES and YM are lagging. Let's have a little round of applause for option sellers who managed to bring the Q's as close as possible to 43, even though it was dying to sell-off some more. You could see the constant hold on futures, just to make sure we did not completely fall apart in the final hour.
Equities finished in the red, but NQ did manage a close above its 10 DMA. ES and YM are lagging. Let's have a little round of applause for option sellers who managed to bring the Q's as close as possible to 43, even though it was dying to sell-off some more. You could see the constant hold on futures, just to make sure we did not completely fall apart in the final hour.
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on Friday, March 16, 2007 at 3/16/2007 05:00:00 PM.
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