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Aug 23 2014September 10-Year U.S. Treasury Notes posted an outside move and lower-close on Friday. The downside bias was fueled by slightly dovish comments from Fed Chair Janet Yellen. The main range is 124’07.5 to 127’01. The retracement zone formed by this range is 125’20.5 to 125’09.5. On Friday, selling pressure drove the market into the upper, […]
Aug 23 2014The Nikkei had a slightly positive week as you can see, closing above the ¥15,500 level. Because of this, we think that the Nikkei will continue to go higher, and quite frankly believe that pullbacks will simply attract more buyers anyway. With that, we are bullish and have absolutely no interest in selling this market […]
Aug 23 2014The DAX as you can see gapped higher at the open of the week, and then went all the way up to the €9400 level before turning back around. Nonetheless, we are still bullish of this market as we did break the top of a shooting star from the previous week, which of course is […]