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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Venditâ„¢ who wrote (2378)12/3/2004 7:01:53 AM
From: Walkingshadow  Read Replies (1) of 8752
 
Hi Reid,

Thanks very much.

Crude futures have just imploded, now heading for a test of support at $42:

futuresource.com

Dollar's slide appears to have subsided for the time being:

futuresource.com

Nikkei closed up, Hang Seng down a bit. European markets are all in the green.

Upside earnings guidance from INTC last night, and all the chipsters were flying in afterhours.

Not surprisingly then, the index futures are up pretty nicely.

But... employment reports are due an hour before the open.

Okay, here's a chart....Note the upsloping trendline on the low stochastic crossovers, similar to ROST.

139.142.147.218

T

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