Sunday, March 1, 2009

Market Notes as of close Fri 27 Feb
  • Dollar did test supply @ 26.20- Sell Response there- Value Area Higher
  • USO saw pullback and gap fill as expected to 26 area- Buy Response there- Value Area Lower
  • SPY/IWM break Nov lows w/ Sell Response and close at Low- Value Area Lower
  • 10yr Bond consolidation near long term demand (120)- Contract Roll to Jun- Value Area Sideways

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