Summary
The Dow Future has advanced 205 points to 25596. The US Dollar Index climbed 0.420 points to 97.207. Gold has retreated 3.165 dollars to 1221.825. Silver has eased 0.15325 dollars to 14.17725. The Dow Industrials advanced 199.62 points, at 25538.46, while the S&P 500 trended higher 22.40 points, last seen at 2760.16. The Nasdaq Composite moved higher by 53.25 points to 7326.33. Streaming charts of these markets are available at MarketClub
The March Dollar closed higher on Friday. The high-range close sets the stage for a steady to higher opening when Monday'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 95.34 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 95.34. Second support is November's low crossing at 94.91. The March Euro closed lower on Friday. The low-range close sets the stage for a steady to lower opening when Monday'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 116.03 is the next upside target. First resistance is the 50-day moving average crossing at 116.03. 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 Friday. The low-range close sets the stage for a steady to lower opening when Monday'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 1.3014 would confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 1.2972. Second resistance is the 50-day moving average crossing at 1.3070. First support is October's low crossing at 1.2789. Second support is the 87% retracement level of the 2017-2018-rally crossing at 1.2665. The March Swiss Franc closed lower on Friday. The low-range close sets the stage for a steady to lower opening when Monday'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 1.0112 would temper the near-term friendly outlook. If March extends the rally off November's low, the 50-day moving average crossing at 1.0206 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 1.0206. 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 slightly lower on Friday. The mid-range close sets the stage for a steady to lower opening when Monday'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 75.89 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 75.89. Second resistance is the 50-day moving average crossing at 76.62. First support is Wednesday's low crossing at 75.04. Second support is the May-2017 low crossing at 73.67. The March Japanese Yen closed lower on Friday. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. The mid-range close sets the stage for a steady to lower opening when Monday'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 closed lower on Friday as it consolidates above the 87% retracement level of the 2017-2018-rally crossing at 49.96. The mid-range close sets the stage for a steady to lower opening when Monday's night session begins. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If January extends the decline off October's high, the June-2017 low crossing at 46.00 is the next downside target. Closes above the 20-day moving average crossing at 56.33 would confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 52.88. Second resistance is the 20-day moving average crossing at 56.33. 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 lower on Friday as it extended the decline off October's high. The mid-range close sets the stage for a steady to lower opening when Monday's night trading session begins. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. 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. Closes above the 20-day moving average crossing at 203.23 are needed to confirm that a low has been posted. First resistance is the 10-day moving average crossing at 192.53. Second resistance is the 20-day moving average crossing at 203.23. First support is today'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 lower on Friday. The low-range close sets the stage for a steady to lower opening when Monday'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 January extends the decline off October's high, the June-2017 low crossing at 129.88 is the next downside target. Closes above the 20-day moving average crossing at 153.33 would confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 145.17. Second resistance is the 20-day moving average crossing at 153.33. First support is Thursday's low crossing at 135.41. Second support is the June-2017 low crossing at 129.88. January Henry natural gas closed slightly higher on Friday. The mid-range close sets the stage for a steady to higher opening when Monday'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 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. Closes below the 20-day moving average crossing at 4.138 would confirm that a short-term top has been posted. 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 4.138. Second support is the 50-day moving average crossing at 3.634.
March coffee closed sharply lower on Friday as it extends the decline off October's high. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are turning 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 11.53 would confirm that a short-term low has been posted. March cocoa closed higher on Friday. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 22.26 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 lower on Friday. The mid-range close set the stage for a steady to lower opening on Monday. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off this week'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 closed slightly higher on Friday. The mid-range close sets the stage for a steady to higher opening on Monday. 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 79.39 would confirm that a short-term low has been posted. If March resumes decline off November's high, October's low crossing at 76.50 is the next downside target.
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March Corn closed up 3 1/2-cents at 3.76 3/4. March corn closed higher on Friday as it extended the rally off Monday's low. The high-range close sets the stage for a steady to higher opening when Monday's night sessions 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 3.77 3/4 would confirm that a short-term low has been posted. If March resumes the decline off November's high, the reaction low crossing at 3.66 3/4 is the next downside target. First resistance is the reaction high crossing at 3.83. Second resistance is November's high crossing at 3.90. First support is the reaction low crossing at 3.66 3/4. Second support is September's low crossing at 3.54 3/4. March wheat closed up 7 3/4-cents at 5.15 1/2. March wheat closed up on Friday and above the 20-day moving average crossing at 5.14 1/2 tempering the near-term bearish outlook. The high-range close sets the stage for a steady to higher opening when Monday'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 extends today's rally, the 50-day moving average crossing at 5.24 3/4 is the next upside target. 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 3/4. 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 7 3/4-cents at 5.00 1/4. March Kansas City wheat closed higher on Friday. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 5.05 1/2 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 20-day moving average crossing at 5.05 1/2. Second resistance is the 50-day moving average crossing at 5.25. First support is Tuesday's low crossing at 4.82 1/4. Second support is weekly support crossing at 4.53. March Minneapolis wheat closed up 7 3/4-cents at 5.75 3/4. March Minneapolis wheat closed higher on Friday. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are oversold but are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 5.77 1/4 would confirm that a short-term low has been posted. If March extends the decline off October's high, July's low crossing at 5.59 is the next downside target. First resistance is the 20-day moving average crossing at 5.77 1/4. Second resistance is the 50-day moving average crossing at 5.88. First support is 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 6-cents at 8.93 1/4. January soybeans closed higher on Friday. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If January resumes the rally off September's low, the 38% retracement level of the May-September-decline crossing at 9.15 3/4 is the next upside target. Closes below Monday's low crossing at 8.57 would open the door for a possible test of October's crossing at 8.44 1/2 is the next downside target. 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 Monday's low crossing at 8.57. Second support is November's low crossing at 8.44 1/2. March soybean meal closed up $0.90 at 313.10. March soybean meal closed higher on Friday. The mid-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher possible near-term. Closes above the reaction high crossing at 317.00 would confirm that a short-term low has been posted. 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 8 pts. at 28.24. March soybean oil closed higher on Friday. The mid-range close sets the stage for a steady to higher opening when Monday's night session 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 20-day moving average crossing at 28.14 confirms that a short-term low has been posted and opens the door for a possible test of the 50-day moving average crossing at 28.93. If March renews the decline off October's high, weekly support crossing at 26.88 is the next downside target. 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 Tuesday's low crossing at 27.42. Second support is weekly support crossing at 26.88.
The December NASDAQ 100 closed higher on Friday. The high-range close sets the stage for a steady to higher opening when Monday'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 50-day moving average crossing at 7081.59 is the next upside target. Closes below the 10-day moving average crossing at 6692.45 would confirm that a short-term top has been posted. First resistance is the reaction high crossing at 6934.50. Second resistance is the 50-day moving average crossing at 7081.59. First support is the 10-day moving average crossing at 6692.45. Second support is November's low crossing at 6449.50. The December S&P 500 closed higher on Friday as it extended this week's rally. The high-range close sets the stage for a steady to higher opening when Monday'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 50-day moving average crossing at 2777.52 is the next upside target. Closes below the 10-day moving average crossing at 2694.21 would confirm that a short-term top has been posted. First resistance is Thursday's high crossing at 2753.50. Second resistance is the 50-day moving average crossing at 2777.52. First support is the 10-day moving average crossing at 2694.21. Second support is the 87% retracement level of the April-September-rally crossing at 2628.96. The Dow closed higher on Friday in anticipation of this weekend's highly anticipated meeting between President Donald Trump and Chinese leader Xi Jinping of the G-20 summit in Argentina. Today's high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If the Dow extends the rally off November's low, the 50-day moving average crossing at 25,568.55 is the next upside target. Closes below Wednesday's gap crossing at 24,750.73 would confirm that a short-term top has been posted. First resistance is the 50-day moving average crossing at 25,568.55. Second resistance is November's high crossing at 26,277.82. First support is November's low crossing at 24,268.74. Second support is October's low crossing at 24,122.23.
December T-bonds closed up 18-points at 140-22. December T-bonds closed higher on Friday as it extended the rally off November's low. The high-range close sets the stage for a steady to higher opening when Monday'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 December extends the rally off November's low, the 50% retracement level of the August-October-decline crossing at 140-28 is the next upside target. Closes below the 20-day moving average crossing at 138-29 would confirm that a short-term top has been posted. First resistance is the 50% retracement level of the August-October-decline crossing at 140-28. Second resistance is the 62% retracement level of the August-October-decline crossing at 141-29. First support is the 20-day moving average crossing at 138-29. Second support is Nov's low crossing at 136-24. December T-notes closed up 65-points at 119-200. December T-notes closed higher on Friday as it extended the rally off November's low. The high-range close sets the stage for a steady to higher opening when Monday'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 December extends the rally off November's low, the 75% retracement level of the August-October-decline crossing at 119.266 is the next upside target. Closes below the 20-day moving average crossing at 118.244 would confirm that a short-term top has been posted. First resistance is Thursday's high crossing at 119.235. Second resistance is the 75% retracement level of the August-October-decline crossing at 119.266. First support is the 20-day moving average crossing at 118.244. Second support is the 50-day moving average crossing at 118.166.
February hogs closed up $0.20 at $67.55. February hogs closed higher on Friday. The high-range close sets the stage for a steady to higher opening when Monday'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 64.37 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 64.37. Second support is November's low crossing at 59.25. February cattle closed up $0.23 at 120.50. February cattle closed higher on Friday. The low-range close sets the stage for a steady to lower opening when Monday'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 121.30 would renew the rally off November's low. Closes below 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 121.30. Second resistance is October's high crossing at 123.90. First support is Thursday's low crossing at 118.57. Second support is November's crossing at 116.67. January Feeder cattle closed down $0.75 at $145.23. January Feeder cattle closed lower on Friday as it extends this week's decline. The low-range close sets the stage for a steady to lower opening when Monday's session begins trading. Stochastics and the RSI have turned neutral to bearish signaling that sideways to lower prices are possible near-term. If January extends this week's decline, November's low crossing at 142.67 is the next downside target. Closes above the 10-day moving average crossing at 147.51 are needed to renew the rally off November's low. First resistance is the 50-day moving average crossing at 150.08. Second resistance is the reaction high crossing at 152.43. First support is Thursday's low crossing at 144.67. Second support is November's low crossing at 142.67.
February gold closed slightly lower on Friday. The mid-range close sets the stage for a steady to lower opening when Monday'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 renews the rally off October's low, the 38% retracement level of the April-August-Decline crossing at 1259.00 is the next upside target. Closes below 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 lower on Friday. The mid-range close set the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral signaling that sideways to lower prices are possible near-term. If March extends this week's decline, November's low crossing at 13.985 is the next downside target. Closes above last-Thursday's high crossing at 14.660 would confirm that a low has been posted. First resistance is last-Thursday's 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 lower on Friday. The mid-range close sets the stage for a steady to lower opening when Monday'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 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. | PFE | PFIZER | 46.20 | +0.69 | +1.52% | 23,946,274 | +100 |    | Entry Signal | | 2. | ADIL | ADIAL PHARMACEUTICALS | 3.8500 | +1.0500 | +37.50% | 18,293,146 | +90 | | Entry Signal | | 3. | AFSI | AMTRUST FINANCIAL SERVICES | 14.76 | +0.77 | +5.22% | 17,555,388 | +90 | | Entry Signal | | 4. | ASNS | ARSANIS | 3.8803 | +0.1703 | +4.59% | 17,353,533 | +90 | | Entry Signal | | 5. | GM | GENERAL MOTORS | 37.91 | +1.15 | +3.13% | 12,537,759 | +100 | | Entry Signal | | 6. | NIO | NIO INC | 7.71 | -0.08 | -1.03% | 10,675,215 | +90 | | Entry Signal | | 7. | WDAY | WORKDAY | 163.91 | +18.61 | +12.81% | 9,332,144 | +100 | | Entry Signal | | 8. | TIK | TEL INSTRUMENT ELECTRONIC | 3.8501 | +1.4001 | +57.15% | 8,209,441 | +90 | | Entry Signal | | 9. | MITL | MITEL NETWORKS | 11.145 | +0.005 | +0.04% | 7,879,528 | +90 | | Entry Signal | | 10. | MDLZ | MONDELEZ INTL | 44.96 | +0.43 | +0.97% | 7,874,801 | +100 | | Entry Signal | | | | | Top Futures | | # | symbol | name | last | net | % | volume | score | triangles | | | 1. | YM.Z18.E | DJ $5 (E-MINI) Dec 2018 | 25596 | +205 | +0.81% | 166,525 | +100 | | Entry Signal | | 2. | NG.F19.E | NATURAL GAS Jan 2019 | 4.624 | -0.022 | -0.48% | 156,879 | +100 | | Entry Signal | | 3. | NG.H19.E | NATURAL GAS Mar 2019 | 4.037 | -0.119 | -2.90% | 59,107 | +100 | | Entry Signal | | 4. | NG.J19.E | NATURAL GAS Apr 2019 | 2.900 | +0.006 | +0.21% | 35,106 | +100 | | Entry Signal | | 5. | 6N.Z18.E | NEW ZEALAND $ Dec 2018 | 0.6880 | +0.0019 | +0.28% | 23,906 | +100 | | Entry Signal | | 6. | NG.Z18.E | NATURAL GAS Dec 2018 | 4.715 | +0.502 | +10.59% | 18,260 | +100 | | Entry Signal | | 7. | NGT.F19.E | NATURAL GAS (TAS) Jan 2019 | 8 | +12 | 0.00% | 10,425 | +100 | | Entry Signal | | 8. | LE.Z18.E | LIVE CATTLE Dec 2018 | 116.925 | +0.325 | +0.28% | 8,422 | +100 | | Entry Signal | | 9. | HH.Z18.E | HENRY HUB FINANCIAL LAST DAY Dec 2018 | 4.715 | +0.454 | +9.63% | 7,521 | +100 | | Entry Signal | | 10. | ZCT.H19.E | CORN TAS Mar 2019 | 0.00 | +0.25 | +100.00% | 5,253 | +100 | | Entry Signal | |
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