Tuesday, April 7, 2009

Market Notes as of close 06 Apr

Dollar open near settlement- up auction to consolidation range high- breakout w/pullback & consolidation- potential to fill up-gap overhead- Value Area Higher

USO gap lower beneath consolidation range low- uptick to settlement met w/sell response- potential to fill down gap below- Value Area Lower

SPY/IWM gap below settlement- consolidation in lower portion of consolidation range- potential breakdown- Value Area Lower

10Yr Bond down auction to previous demand near 121- Value Area Lower

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