STI Watch List for 2/20

by Scott Hoffman on February 20, 2009

CPI was a non event.  Negative sentiment continues, with the Dow futures taking out their November low.

March SP:  Momentum is still bearish, 766 is support.
March NASDAQ:  I came in short from yesterday. 1153.50 was the last swing low.
March Dow Jones:  Broke the November low at 7398.
March Treasury Bonds:  Momentum buy day, 12808 is resistance.
March Dollar Index:  Momentum buy day, 8857 and 8870 are resistance.
March Japanese Yen:  10567 was the last swing low.
March EuroFX:  12540 is support.
March Canadian Dollar:  7888 was the last low for the Loonie.
April Gold:  Good rally on a breakout day, 1000 is resistance.
March Copper:  140 is support.
May Sugar: 1290 is support.
May coffee:  Breakout setup; 11105 is the downside breakout point.

This is the morning update to my Swing Trader’s Insight advisory
service. For information on STI, and to sign up for a free two week
trial, visit here

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