STI Watch List for 2/23

by Scott Hoffman on February 23, 2009

There are no economic releases of consequence today.  Stocks are supported by hopes the banking sector will stabilize-the WSJ is reporting that the US government will increase its control of Citigroup.

March NASDAQ:  Doji bar Friday=directional move today?
March Treasury Bonds:  Trendline support at 12612
March 10 Year T Note:  12208 was the last swing low-support
March Dollar Index:  Momentum buy day, 8719 resistance
March Japanese Yen:  10567 was the last swing low.
March EuroFX:  Momentum sell short day. 12750 is support
March British Pound:  Strong move. 14604, 14640 are resistance points
April Gold:  Trend line support at 983.00
March Copper:  14780 is trend line support
May Sugar:  Breakout day, no move yet. 1325 and 1331 resistance, 1291 support
May Corn:  374-4 is trendline resistance

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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