S&P 500 and Nasdaq test resistance
The S&P 500 index is testing resistance at 1300. Breakout would signal a primary up-trend with a target of 1450* for the initial advance. Mild bearish divergence on 13-week Twiggs Money Flow warns...
View ArticleGold falls while Treasury yields rise
Gold is testing primary support at $1340/ounce. Breach of support would signal another primary decline, while follow-through below $1320 would confirm. Declining 13-week Twiggs Momentum below zero...
View ArticleDollar strengthens while bonds fall
The Dollar Index is headed for a test of resistance at 84.00/84.50. Respect of the rising trendline indicates a healthy up-trend — as does the 13-week Twiggs Momentum trough above zero. Breakout above...
View ArticleGold finds support as Euro falls
Treasury yields warn of a decline Euro trending lower Dollar halts at resistance Gold finds short-term support Interest Rates and the Dollar The yield on ten-year Treasury Notes retreated below 2.50...
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