S&P 500
2775.60
+29.87 +1.08%
Dow Indu
25883.25
+443.86 +1.71%
Nasdaq
7472.41
+45.45 +0.61%
Crude Oil
56.06
+0.47 +0.84%
Gold
1326.56
+1.96 +0.15%
Euro
1.131260
-0.000395 -0.03%
US Dollar
96.771
-0.153 -0.16%
Strong

Market Commentary

Currencies | Energy | Food | Grains | Indexes | Interest | Livestock | Metals

INO.com’s Daily Market Analysis

It’s free, informative, and will help you prepare and plan for the next trading day, while getting a jump on changing market conditions.

Privacy Policy

INTEREST RATES

March T-bonds closed up 3/32's at 146-19.

March T-bonds closed higher on Friday. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the reaction high crossing at 147-01 would renew the rally off January's low while opening the door for a possible test of January's high crossing at 148-27. Closes below the 50-day moving average crossing at 145-07 are needed to confirm that a short-term top has been posted. First resistance is the reaction high crossing at 147-01. Second resistance is January's high crossing at 148-27. First support is the 38% retracement level of the November-January-rally crossing at 144-30. Second support is the 50% retracement level of the November-January-rally crossing at 142-16.

March T-notes closed down 40 points at 122.015.

March T-notes closed lower on Friday. The low-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the reaction high crossing at 122.190 would renew the rally off January's low while opening the door for a possible test of January's high crossing at 123.055. Closes below the 50-day moving average crossing at 121.167 would confirm that a short-term top has been posted. First resistance is the reaction high crossing at 122.190. Second resistance is January's high crossing at 123.055. First support is the 38% retracement level of the October-December-rally crossing at 120.301. Second support is the 50% retracement level of the October-December-decline crossing at 120.071.

© Copyright INO.com, Inc. All Rights Reserved.