Summary
The Dow Future has slid 12 points to 25834. The US Dollar Index rose 0.410 points to 97.197. Gold is trending higher 5.250 dollars to 1230.965. Silver has gained 0.0605 dollars to 14.3890. The Dow Industrials gained 487.59 points, at 25826.43, while the S&P 500 advanced 52.61 points, last seen at 2790.37. The Nasdaq Composite moved up 53.25 points to 7326.33. Streaming charts of these markets are available at MarketClub
The March Dollar closed lower on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. If March renews the rally off September's low, weekly resistance crossing at 97.83 is the next upside target. If March renews the decline off November's high, the 50-day moving average crossing at 95.41 is the next downside target. First resistance is November's high crossing at 96.93. Second resistance is weekly resistance crossing at 97.83. First support is the 50-day moving average crossing at 95.41. Second support is November's low crossing at 94.91. The March Euro closed slightly higher on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. If March renews the decline off September's high, the 87% retracement level of the 2016-2018-rally crossing at 111.94 is the next downside target. If March renews the rally off November's low, the 50-day moving average crossing at 115.94 is the next upside target. First resistance is the 50-day moving average crossing at 115.94. Second resistance is the reaction high crossing at 116.45. First support is November's low crossing at 113.53. Second support is the 87% retracement level of the 2016-2018-rally crossing at 111.94. The March British Pound closed lower on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off November's high, the 87% retracement level of the 2017-2018-rally crossing at 1.2665 is the next downside target. Closes above the 50-day moving average crossing at 1.3062 would confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 1.2959. Second resistance is the 50-day moving average crossing at 1.3062. First support is today's low crossing at 1.2772. Second support is the 87% retracement level of the 2017-2018-rally crossing at 1.2665. The March Swiss Franc closed slightly higher on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. Multiple closes below the 20-day moving average crossing at 1.0114 would temper the near-term friendly outlook. If March extends the rally off November's low, the 50-day moving average crossing at 1.0196 is the next upside target. If March resumes the decline off September's high, weekly support crossing at 0.9833 is the next downside target. First resistance is the 50-day moving average crossing at 1.0196. Second resistance is the reaction high crossing at 1.0291. First support is November's low crossing at 1.0018. Second support is weekly support crossing at 0.9833. The March Canadian Dollar closed higher on Monday. The mid-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are turning neutral to bullish hinting that a low might be in or is near. Closes above the 20-day moving average crossing at 75.86 are needed to confirm that a short-term low has been posted. If March extends the decline off October's high, the May-2017 low crossing at 73.67 is the next downside target. First resistance is the 20-day moving average crossing at 75.86. Second resistance is the 50-day moving average crossing at 76.58. First support is last-Wednesday's low crossing at 75.04. Second support is the May-2017 low crossing at 73.67. The March Japanese Yen closed slightly lower on Monday. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Closes above the 50-day moving average crossing at 0.0895 are needed to confirm that a short-term low has been posted. If March resumes the decline off October's high, November's low crossing at 0.0885 is the next downside target. First resistance is October's high crossing at 0.0907. Second resistance is August's high crossing at 0.0922. First support is November's low crossing at 0.0885. Second support is weekly support crossing at 0.0877.
January crude oil gapped up and closed higher on Monday as it rebounded off the 87% retracement level of the 2017-2018-rally crossing at 49.96. The mid-range close sets the stage for a steady to higher opening when Tuesday's night session begins. Stochastics and the RSI are turning neutral to bullish signaling that a low might be in or is near. Closes above the 20-day moving average crossing at 55.84 would confirm that a short-term low has been posted. If January resumes the decline off October's high, the June-2017 low crossing at 46.00 is the next downside target. First resistance is the 20-day moving average crossing at 55.84. Second resistance is the reaction high crossing at 58.16. First support is the 87% retracement level of the 2017-2018-rally crossing at 49.96. Second support is the June-2017 low crossing at 46.00. January heating oil closed higher on Monday as it consolidated some of the decline off October's high. The high-range close sets the stage for a steady to higher opening when Tuesday's night trading session begins. Stochastics and the RSI are oversold but are turning neutral to bullish signaling that a low might be in or is near. Closes above the 20-day moving average crossing at 201.88 are needed to confirm that a low has been posted. If January extends the decline off October's high, the 75% retracement level of the 2017-2018-rally crossing at 173.08 is the next downside target. First resistance is the 10-day moving average crossing at 190.69. Second resistance is the 20-day moving average crossing at 201.88. First support is last Friday's low crossing at 178.37. Second support is the 75% retracement level of the 2017-2018-rally crossing at 173.08. January unleaded gas closed higher on Monday. The mid-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 152.07 would confirm that a short-term low has been posted. If January extends the decline off October's high, the June-2017 low crossing at 129.88 is the next downside target. First resistance is the 20-day moving average crossing at 152.07. Second resistance is the reaction high crossing at 159.94. First support is last-Thursday's low crossing at 135.41. Second support is the June-2017 low crossing at 129.88. January Henry natural gas closed lower on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at 4.190 would confirm that a short-term top has been posted. If January renews the rally off September's low, the 25% retracement level of the 2008-2016-decline crossing at 5.204 is the next upside target. First resistance is November's high crossing at 4.929. Second resistance is the 25% retracement level of the 2008-2016-decline crossing at 5.204. First support is the 20-day moving average crossing at 4.190. Second support is the 50-day moving average crossing at 3.659.
March coffee closed slightly higher on Monday. The low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off October's high, the reaction low crossing at 10.45 is the next downside target. Closes above the 20-day moving average crossing at 11.54 would confirm that a short-term low has been posted. March cocoa closed slightly higher on Monday. The high-range close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 22.21 would confirm that a short-term low has been posted. If March renews the decline off November's high, the reaction low crossing at 20.94 is the next downside target. March sugar closed slightly higher on Monday. The mid-range close set the stage for a steady to higher opening on Tuesday. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off November's low, the reaction high crossing at 13.54 is the next upside target. If March renews the decline off October's high, the reaction low crossing at 11.91 is the next downside target. March cotton gapped up and closed higher on Monday. The low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends today's rally, September's high crossing at 84.22 is the next upside target. Closes below the 10-day moving average crossing at 78.44 would confirm that a short-term top has been posted.
March Corn closed up 4-cents at 3.81 3/4. March corn gapped up and closed higher on Monday as it extended the rally off Monday's low. The low-range close sets the stage for a steady to lower opening when Tuesday's night sessions begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Today's close above the 50-day moving average crossing at 3.78 confirms that a short-term low has been posted and opens the door for a test of November's high crossing at 3.90. If Closes below the 10-day moving average crossing at 3.73 would temper the near-term friendly outlook. First resistance is November's high crossing at 3.90. Second resistance is August's high crossing at 3.98 3/4. First support is November's low crossing at 3.67 1/4. Second support is September's low crossing at 3.54 3/4. March wheat closed up 3 1/2-cents at 5.19 1/4. March wheat closed higher on Monday. However, the low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 50-day moving average crossing at 5.24 1/4 would confirm that a short-term low has been posted. If March renews the decline off August's high, the 87% retracement level of the 2017-2018-rally crossing at 5.01 is the next downside target. First resistance the 50-day moving average crossing at 5.24 1/4. Second is October's high crossing at 5.46 1/2. First support is November's low crossing at 5.03 1/4. Second support is the 87% retracement level of the 2017-2018-rally crossing at 5.01. March Kansas City Wheat closed up 6 1/4-cents at 5.06 1/2. March Kansas City wheat closed higher on Monday. The mid-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off November's low, the 50-day moving average crossing at 5.24 1/4 is the next upside target. If March renews the decline off October's high, weekly support crossing at 4.53 is the next downside target. First resistance is the 50-day moving average crossing at 5.24 1/4. Second resistance is November's high crossing at 5.33 3/4. First support is November's low crossing at 4.82 1/4. Second support is weekly support crossing at 4.53. March Minneapolis wheat closed up 6 3/4-cents at 5.82 1/2. March Minneapolis wheat gapped up and closed above the 20-day moving average crossing at 5.77 confirming that a short-term low has been posted on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends today's rally, the 50-day moving average crossing at 5.87 3/4 is the next upside target. If March renews the decline off October's high, July's low crossing at 5.59 is the next downside target. First resistance is the 50-day moving average crossing at 5.87 3/4. Second resistance is November's high crossing at 5.93. First support is last-Thursday's low crossing at 5.67 1/2. Second support is July's low crossing at 5.59. SOYBEAN COMPLEX?http://quotes.ino.com/ex?changes/?c=grains" January soybeans closed up 10-cents at 9.04 3/4. January soybeans gapped up and closed higher on Monday spiking above the 38% retracement level of the May-September-decline crossing at 9.15 3/4 before a late-day sell off erased early gains. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If January extends the rally off September's low, July's high crossing at 9.32 3/4 is the next upside target. Closes below the 50-day moving average crossing at 8.76 3/4 would temper the near-term friendly outlook. First resistance is the 38% retracement level of the May-September-decline crossing at 917. Second resistance is the 50% retracement level of the May-September-decline crossing at 9.45 1/4. First support is November's low crossing at 8.57. Second support is October's low crossing at 8.44 1/2. March soybean meal closed up $3.90 at 317.10. March soybean meal gapped up and closed higher on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher possible near-term. If March extends today's rally, October's high crossing at 327.40 is the next upside target. Closes below September's low crossing at 301.60 would confirm a downside breakout of the September-October trading range. First resistance is October's high crossing at 327.40. Second resistance is the 38% retracement level of the May-September-decline crossing at 330.30. First support is November's low crossing at 305.30. Second support is September's low crossing at 303.40. March soybean oil closed up 40 pts. at 28.70. March soybean oil gapped up and closed higher on Monday. The mid-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 50-day moving average crossing at 28.93 would open the door for a possible test of October's high crossing at 30.50 later this month. Closes below the 10-day moving average crossing at 28.03 would temper the near-term friendly outlook. First resistance is the 50-day moving average crossing at 28.93. Second resistance is October's high crossing at 30.50. First support is November's low crossing at 27.42. Second support is weekly support crossing at 26.88.
The March NASDAQ 100 gapped up and closed higher on Monday as it extends the rally off November's low. The mid-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 50-day moving average crossing at 7126.03 would open the door for a possible test of November's high crossing at 7262.00. Closes below the 10-day moving average crossing at 6779.23 would confirm that a short-term top has been posted. First resistance is the 50-day moving average crossing at 7126.03. Second resistance is November's high crossing at 7262.00. First support is the 10-day moving average crossing at 6779.23. Second support is November's low crossing at 6449.50. The December S&P 500 gapped above the 50-day moving average crossing at 2774.79 and closed higher on Monday as it extends the rally off November's low. The mid-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If December extends the rally off November's low, the 75% retracement level of the September-October-decline crossing at 2861.07 is the next upside target. Closes below the 10-day moving average crossing at 2699.81 would confirm that a short-term top has been posted. First resistance is the 62% retracement level of the September-October-decline crossing at 2815.64. Second resistance is the 75% retracement level of the September-October-decline crossing at 2861.07. First support is the 20-day moving average crossing at 2726.76. Second support is the 10-day moving average crossing at 2699.81. The Dow gapped up and closed above the 50-day moving average crossing at 25,551.47 on Monday as it extended the rally off November's low. The mid-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI remain neutral to bullish signaling that sideways to higher prices are possible near-term. If the Dow extends the rally off November's low, November's high crossing at 26,277.82 is the next upside target. Closes below today's gap crossing at 25,549.71 would confirm that a short-term top has been posted. First resistance is November's high crossing at 26,277.82. Second resistance is October's high crossing at 26,951.81. First support is today's gap crossing at 25,549.71. Second support is the 10-day moving average crossing at 24,970.76.
March T-bonds closed up 1-00-points at 140-29. March T-bonds closed higher on Monday as it extended the rally off November's low. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off November's low, the 62% retracement level of the August-October-decline crossing at 141-04 is the next upside target. Closes below the 20-day moving average crossing at 138-16 would confirm that a short-term top has been posted. First resistance is the 62% retracement level of the August-October-decline crossing at 141-04. Second resistance is the 75% retracement level of the August-October-decline crossing at 142-05. First support is the 20-day moving average crossing at 138-16. Second support is Nov's low crossing at 136-05. March T-notes closed up 85-points at 119-230. March T-notes closed higher on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off November's low, the 75% retracement level of the August-October-decline crossing at 119.222 is the next upside target. Closes below the 20-day moving average crossing at 118.217 would confirm that a short-term top has been posted. First resistance is last Friday's high crossing at 119.215. Second resistance is the 75% retracement level of the August-October-decline crossing at 119.222. First support is the 20-day moving average crossing at 118.217. Second support is the 50-day moving average crossing at 118.101.
February hogs closed down $0.65 at $66.90. February hogs closed lower on Monday. The mid-range close sets the stage for a steady opening when Tuesday's night session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. If February renews the rally off October's low, weekly resistance crossing at 72.88 is the next upside target. Closes below the 20-day moving average crossing at 64.50 would confirm that a short-term top has been posted. First resistance is November's high crossing at 69.50. Second resistance is weekly resistance crossing at 72.88. First support is the 20-day moving average crossing at 64.50. Second support is November's low crossing at 59.25. February cattle closed down $0.33 at 120.17. February cattle closed lower on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. Closes above the 50-day moving average crossing at 121.26 would renew the rally off November's low. Closes below last-Thursday's low crossing at 118.57 would confirm that a short-term top has been posted. First resistance is the 50-day moving average crossing at 121.26. Second resistance is October's high crossing at 123.90. First support is last-Thursday's low crossing at 118.57. Second support is November's crossing at 116.67. January Feeder cattle closed down $0.73 at $144.50. January Feeder cattle closed lower on Monday as it extends last week's decline. The low-range close sets the stage for a steady to lower opening when Tuesday's session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If January extends last week's decline, November's low crossing at 142.67 is the next downside target. Closes above the 10-day moving average crossing at 147.31 are needed to renew the rally off November's low. First resistance is the 50-day moving average crossing at 149.87. Second resistance is the reaction high crossing at 152.43. First support is today's low crossing at 144.30. Second support is November's low crossing at 142.67.
February gold closed higher on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off November's low, the 38% retracement level of the April-August-Decline crossing at 1259.00 is the next upside target. Closes below last-Wednesday's low crossing at 1216.80 would confirm that a short-term top has been posted while opening the door for additional weakness near-term. First resistance is October's high crossing at 1252.00. Second resistance is the 38% retracement level of the April-August-Decline crossing at 1259.00. First support is November's low crossing at 1202.40. Second support is October's low crossing at 1192.00. March silver closed higher on Monday. The mid-range close set the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the reaction high crossing at 14.660 would confirm that a low has been posted. If March renews the decline off November's high, November's low crossing at 13.985 is the next downside target. First resistance is the reaction high crossing at 14.660. Second resistance is November's high crossing at 15.040. First support is November's low crossing at 13.985. Second support is weekly support crossing at 13.860. March copper closed slightly higher on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off August's low, the 38% retracement level of the June-August-decline crossing at 289.43 is the next upside target. Closes below last-Tuesday's low crossing at 272.50 are needed to confirm that a short-term top has been posted. First resistance is the 38% retracement level of the June-August-decline crossing at 289.43. Second resistance is the July-5th gap crossing at 295.45. First support is November's low crossing at 266.20. Second support is August's low crossing at 260.00.
| | | Top Stocks | | # | symbol | name | last | net | % | volume | score | triangles | | | 1. | CRON | Cronos Group, Inc | 10.1501 | +1.2401 | +13.92% | 44,252,814 | +90 |    | Entry Signal | | 2. | TSRO | TESARO, Inc | 73.510 | +27.74 | +60.61% | 43,563,067 | +90 | | Entry Signal | | 3. | NIO | NIO, Inc | 7.565 | -0.145 | -1.86% | 22,092,470 | +100 | | Entry Signal | | 4. | PFE | Pfizer, Inc | 45.99 | -0.24 | -0.53% | 20,795,785 | +100 | | Entry Signal | | 5. | AFSI | AmTrust Financial Services, Inc | 14.76 | +0.77 | +5.22% | 17,555,388 | +90 | | Entry Signal | | 6. | GM | General Motors Co | 38.46 | +0.51 | +1.39% | 14,190,829 | +90 | | Entry Signal | | 7. | S | Sprint Corp | 6.27 | -0.01 | -0.16% | 11,650,405 | +100 | | Entry Signal | | 8. | MITL | Mitel Networks Corp | 11.145 | +0.005 | +0.04% | 7,879,528 | +90 | | Entry Signal | | 9. | CSX | CSX Corp | 73.14 | +1.37 | +1.91% | 6,364,363 | +100 | | Entry Signal | | 10. | MDLZ | Mondelez Intl, Inc | 45.02 | +0.49 | +1.10% | 5,664,169 | +100 | | Entry Signal | | | | | Top Futures | | # | symbol | name | last | net | % | volume | score | triangles | | | 1. | 6A.Z18 | AUSTRALIAN $ Dec 2018 | 0.7355 | +0.0004 | +0.05% | 117,820 | +100 | | Entry Signal | | 2. | NGT.F19 | NATURAL GAS (TAS) Jan 2019 | 8 | +8 | +800.00% | 20,878 | +100 | | Entry Signal | | 3. | ZCT.H19 | CORN TAS Mar 2019 | 0.25 | +0.25 | +100.00% | 10,166 | +100 | | Entry Signal | | 4. | RBT.F19 | RBOB GASOLINE (TAS) Jan 2019 | 4 | +4 | +400.00% | 7,860 | +100 | | Entry Signal | | 5. | ZM.N19 | SOYBEAN MEAL Jul 2019 | 323.0 | -0.1 | -0.03% | 7,531 | +100 | | Entry Signal | | 6. | ZCT.H19.E | CORN TAS Mar 2019 | 0.00 | +0.25 | +100.00% | 5,253 | +100 | | Entry Signal | | 7. | ZM.Z19 | SOYBEAN MEAL Dec 2019 | 327.1 | -0.2 | -0.06% | 4,197 | +100 | | Entry Signal | | 8. | NG.Z19 | NATURAL GAS Dec 2019 | 3.023 | -0.009 | -0.30% | 2,868 | +100 | | Entry Signal | | 9. | NG.F20 | NATURAL GAS Jan 2020 | 3.143 | -0.011 | -0.35% | 2,684 | +100 | | Entry Signal | | 10. | ZM.U19 | SOYBEAN MEAL Sep 2019 | 325.6 | +4.1 | +1.25% | 1,294 | +100 | | Entry Signal | |
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