Tuesday, December 10, 2013
Monday, December 9, 2013
($SPX, $SPY) The NYSE Summation Index has turned negative in a big way which is not good for the market medium term. Have that in mind when you trade.
Posted by TecknicalTrader at 9:14 AM
($EURUSD) The 2-year interest rate spread, which the euro-dollar exchange rate is sensitive to, fell below 9 bp to stand near the lowest levels since last February.
In addition, the 10-year interest rate differential between the US and Germany rose above 100 bp. This is near the highest since before the crisis. Although, it offered the dollar little support.
Posted by TecknicalTrader at 9:06 AM
Posted by TecknicalTrader at 8:59 AM