Summary
The Dow Future is higher 226 points to 30105. The US Dollar Index rose 0.256 points to 90.840. Gold has gained 4.890 dollars to 1866.215. Silver is up 1.2515 dollars to 29.7120. The Dow Industrials moved lower 620.74 points, at 29982.62, while the S&P 500 edged lower 73.14 points, last seen at 3714.24. The Nasdaq Composite moved down 266.46 points to 13070.70. Streaming charts of these markets are available at MarketClub
Key Events for Monday
9:45 AM ET. January US Manufacturing PMI PMI, Mfg (previous 57.1) 10:00 AM ET. December Construction Spending - Construction Put in Place New Construction (previous +0.9%) Residential Construction 10:00 AM ET. January ISM Report On Business Manufacturing PMI Manufacturing PMI (previous 60.7) Prices Idx (previous 77.6) Employment Idx (previous 51.5) Inventories (previous 51.6) New Orders Idx (previous 67.9) Production Idx (previous 64.8) 11:00 AM ET. January Global Manufacturing PMI PMI, Mfg (previous 7:45 AM ET. Weekly Chain Store Sales Index 8:55 AM ET. Johnson Redbook Retail Sales Index Ret Sales Mo-to-Date, M/M% (previous -2.0%) Ret Sales Mo-to-Date, Y/Y% (previous +2.7%) Latest Wk, Y/Y% (previous +3.9%) 9:45 AM ET. January ISM-NY Report on Business Business Index (previous 61.3) 10:00 AM ET. February IBD/TIPP Economic Optimism Index Economic Optimism Idx (previous 50.1) 6-Mo Economic Outlook (previous 47.2) 10:00 AM ET. 4th Quarter U.S. Housing Vacancies 4:00 PM ET. January Domestic Auto Industry Sales 4:30 PM ET. API Weekly Statistical Bulletin Crude Stocks, Net Chg (Bbls) (previous -5.3M) Gasoline Stocks, Net Chg (Bbls) (previous +3.1M) Distillate Stocks, Net Chg (Bbls) (previous 7:00 AM ET. MBA Weekly Mortgage Applications Survey Composite Idx (previous 907.6) Composite Idx, W/W% (previous -4.1%) Purchase Idx-SA (previous 334.2) Purchase Idx-SA, W/W% (previous -4.0%) Refinance Idx (previous 4261.5) Refinance Idx, W/W% (previous -5.0%) 8:15 AM ET. January ADP National Employment Report Private Sector Jobs, Net Chg (previous -123000) 8:30 AM ET. U.S. Department of the Treasury's quarterly refunding announcement 9:00 AM ET. U.S. Federal Reserve Banks' Small Business Credit Survey: Report on Employer Firms 9:45 AM ET. January US Services PMI PMI, Services (previous 54.8) 10:00 AM ET. January ISM Report On Business Services PMI Non-Mfg Composite Idx (previous 57.2) Non-Mfg Business Idx (previous 59.4) Prices Idx (previous 64.8) Employment Idx (previous 48.2) New Orders Idx (previous 58.5) 10:00 AM ET. December Metropolitan Area Employment & Unemployment 10:30 AM ET. EIA Weekly Petroleum Status Report Crude Oil Stocks (Bbl) (previous 476.653M) Crude Oil Stocks, Net Chg (Bbl) (previous -9.91M) Gasoline Stocks (Bbl) (previous 247.686M) Gasoline Stocks, Net Chg (Bbl) (previous +2.469M) Distillate Stocks (Bbl) (previous 162.847M) Distillate Stocks, Net Chg (Bbl) (previous -0.815M) Refinery Usage (previous 81.7%) Total Prod Supplied (Bbl/day) (previous 19.681M) Total Prod Supplied, Net Chg (Bbl/day) (previous +0.039M) 11:00 AM ET. January Global Services PMI PMI, Services (previous 7:30 AM ET. January Challenger Job-Cut Report Job Cuts, M/M% (previous +19%) 8:30 AM ET. U.S. Weekly Export Sales Corn (Metric Tons) (previous 1850.3K) Soybeans (Metric Tons) (previous 2030.4K) Wheat (Metric Tons) (previous 596.5K) 8:30 AM ET. Unemployment Insurance Weekly Claims Report - Initial Claims Jobless Claims (previous 847K) Jobless Claims, Net Chg (previous -67K) Continuing Claims (previous 4771000) Continuing Claims, Net Chg (previous -203K) 8:30 AM ET. 4th Quarter Preliminary Productivity & Costs Non-Farm Productivity, Q/Q% (previous +4.9%) Unit Labor Costs (previous -8.9%) 9:45 AM ET. Bloomberg Consumer Comfort Index 10:00 AM ET. December Manufacturers' Shipments, Inventories & Orders (M3) Total Orders, M/M% (previous +1.0%) Orders, Ex-Defense, M/M% (previous +1.0%) Orders, Ex-Transport, M/M% (previous +0.8%) Durable Goods, M/M% (previous +0.9%) Durable Goods, M/M% (previous +1.0%) 10:30 AM ET. EIA Weekly Natural Gas Storage Report Working Gas In Storage (Cbf) (previous 2881B) Working Gas In Storage, Net Chg (Cbf) (previous -128B) 12:00 PM ET. January Monthly U.S. Retail Chain Store Sales Index 4:30 PM ET. Federal Discount Window Borrowings 4:30 PM ET. Money Stock 8:30 AM ET. January U.S. Employment Report Non-Farm Payrolls (previous -140K) Unemployment Rate (previous 6.7%) Avg Hourly Earnings (USD) (previous 29.81) Avg Hourly Earnings-Net Chg (USD) (previous +0.23) Avg Hourly Earnings, M/M% (previous +0.78%) Avg Hourly Earnings, Y/Y% (previous +5.08%) Overall Workweek (previous 34.7) Overall Workweek Net Chg (previous -0.1) Government Payrolls (previous -45K) Private Payroll (previous -95K) Participation Rate (previous 61.5%) Non-Farm Payrolls Bench Net Chg 8:30 AM ET. December U.S. International Trade in Goods & Services Trade Balance (USD) (previous -68.14B) Exports (USD) (previous 184.2B) Exports, M/M% (previous +1.2%) Imports (USD) (previous 252.3B) Imports, M/M% (previous +2.9%) 3:00 PM ET. December Consumer Credit Consumer Credit Net Chg (USD) (previous +15.3B)
CURRENCIES:http://quotes.ino.com/ex changes/?c=currencies" The March Dollar was steady to lower in overnight trading as it extends this month's trading range. The low-range overnight trade sets the stage for a steady to lower opening when the day session begins trading. Stochastics and the RSI are neutral signaling that sideways trading is possible near-term. Closes above the January 18th high crossing at $90.94 would open the door for a possible test of the November 30th reaction high crossing at $91.96. Multiple closes below the 20-day moving average crossing at $90.22 would temper this month's rally while opening the door for additional weakness near-term. First resistance is the January 18th high crossing at $90.94. Second resistance is the November 30th high crossing at $91.96. First support is the 20-day moving average crossing at $90.22. Second support is the January 6th low crossing at $89.16. The March Euro was steady to slightly higher overnight as it extends the trading range of the past two-weeks. The high-range overnight trade sets the stage for a steady to higher opening when the day 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 $121.94 would signal that a short-term low has been posted. Closes below the January 19th low crossing at $120.68 would open the door for additional weakness near-term. First resistance is January's high crossing at $123.68. Second resistance is the 62% retracement level of the 2018-2020-decline crossing at $125.38. First support is the January 19th low crossing at $120.68. Second support is the November 23rd low crossing at $118.33. The March British Pound was lower overnight. The mid-range overnight trade sets the stage for a steady to lower opening when the day session beings 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 September's low, the February-2019 high crossing at 1.3728 is the next upside target. Closes below the 50-day moving average crossing at 1.3507 would confirm that a short-term top has been posted while opening the door for additional weakness near-term. First resistance is Wednesday's high crossing at 1.3762. Second resistance is the February-2019 high crossing at 1.3728. First support is the 50-day moving average crossing at 1.3507. Second support is the December 21st low crossing at 1.3200. The March Swiss Franc was lower overnight as it extends the trading range of the past three-weeks. The mid-range overnight trade sets the stage for a steady to lower opening when the day 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 November's low, the 75% retracement level of the 2018-2020-decline crossing at 1.1540 is the next upside target. Multiple closes below the January 19th low crossing at 1.1220 would confirm a downside breakout of the aforementioned trading range while opening the door for additional weakness near-term. First resistance is January's high crossing at 1.1441. Second resistance is the 75% retracement level of the 2018-2020-decline crossing at 1.1540. First support is the January 19th low crossing at 1.1220. Second support is the November 30th low crossing at 1.1036. The March Canadian Dollar was higher overnight as it consolidates some of the decline off last-Wednesday's high. The high-range trade sets the stage for a steady to higher opening when the day session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Multiple closes below the 50-day moving average crossing at $78.06 would confirm that a short-term top has been posted. If March renews this winter's rally, the 87% retracement level of the 2018-2020-decline crossing at $80.50 is the next upside target. First resistance is January's high crossing at $79.35. Second resistance is the 87% retracement level of the 2018-2020-decline crossing at $80.50. First support is the 50-day moving average crossing at $78.06. Second support is the December 21st low crossing at $77.21. The March Japanese Yen was lower overnight as it extends this week's decline. The low-range overnight trade sets the stage for a steady to lower opening when the day session begins trading. Stochastics and the RSI are diverging but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off January's high, November's low crossing at 0.0948 is the next downside target. Multiple closes above last-Thursday's high crossing at 0.0968 are needed to confirm that a short-term low has been posted. First resistance is January's high crossing at 0.0975. Second resistance is the 87% retracement level of the February-March rally crossing at 0.0981. First support is the overnight low crossing at 0.0953. Second support is the November's low crossing at 0.0948.
March crude oil was steady to slightly higher overnight as it extends the trading range of the past three-weeks. The high-range overnight trade sets the stage for a steady to higher opening when the day session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the January 22nd low crossing at $51.44 would confirm that a short-term top has been posted. If March resumes the rally off November's low, the 75% retracement level of the 2018-2020-decline crossing at $57.64 is the next upside target. First resistance is January's high crossing at $53.94. Second resistance is the 75% retracement level of the 2018-2020-decline crossing at $57.64. First support is the January 22nd low crossing at $51.44. Second support is the 50-day moving average crossing at $48.51. March heating oil was steady to slightly higher overnight. The high-range overnight trade sets the stage for a steady to higher opening when the day 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 January 22nd low crossing at $155.71 would signal that a short-term top has been posted. If March renews the rally off November's low, the 50% retracement level of the 2018-2020-decline crossing at $168.80 is the next upside target. First resistance is January's high crossing at $162.46. Second resistance is the 50% retracement level of the 2018-2020-decline crossing at $168.43. First support is the January 22nd low crossing at $155.71. Second support is the 50-day moving average crossing at $147.99. March unleaded gas was higher overnight as it extends the rally off November's low. The high-range overnight trade sets the stage for a steady to higher opening when the day session begins trading. Stochastics and the RSI are overbought, diverging 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 2018-2020-decline crossing at $170.66 is the next upside target. Closes below the 20-day moving average crossing at $152.31 would confirm that a short-term top has been posted. First resistance is Thursday's high crossing at $160.67. Second resistance is the 75% retracement level of the 2018-2020-decline crossing at $170.66. First support is the 20-day moving average crossing at $152.31. Second support is the 50-day moving average crossing at $139.30. March Henry natural gas was slightly higher overnight as it extends the rally off last-Friday's low. The low-range overnight trade sets the stage for a steady to slightly higher opening when the day session begins trading. Stochastics and the RSI remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends this week's rally, the January 12th high crossing at 2.835 is the next upside target. Closes below the 10-day moving average crossing at 2.596 would temper the near-term friendly outlook. First resistance resistance is the January 12th high crossing at 2.835. Second resistance is the November 30th high crossing at 2.910. First support is last-Friday's low crossing at 2.425. Second support is the December 28th low crossing at 2.268.
March coffee closed lower on Thursday. The low-range close sets the stage for a steady to lower opening on Friday. 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 November's low, September's high crossing at 13.57 is the next upside target. Closes below the 50-day moving average crossing at 12.28 would confirm that a short-term top has been posted. March cocoa closed slightly higher on Thursday. The mid-range close sets the stage for a steady to higher opening on Friday. 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 November's high, the November 16th gap crossing at 23.95. Closes above the January 4th high crossing at 26.61 would signal that a short-term low has been posted. March sugar closed lower on Thursday. The low-range close set the stage for a steady to lower opening on Friday. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off January's high, the 50-day moving average crossing at 15.21 is the next downside target. If March renews the rally off December's low, weekly resistance crossing at 17.23 is the next upside target. March cotton closed lower on Thursday and below the 20-day moving average crossing at 80.58 cents signaling that a short-term top has been posted. The low-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends this week's decline, January's low crossing at 78.65 is the next downside target. If March renews the rally off April's low, monthly resistance crossing at 84.47 is the next upside target.
March corn was higher overnight as it extends this week's rally. The high-range close sets the stage for a steady to higher opening when the day sessions 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 April's low, the 50% retracement level of the 2012-2019-decline on the monthly continuation chart crossing at $5.72 1/4 is the next upside target. Closes below Monday's low crossing at $4.92 1/2 would confirm that a short-term top has been posted. First resistance is Thursday's high crossing at $5.50 1/2. Second resistance is the 50% retracement level of the 2012-2019-decline on the monthly continuation chart crossing at $5.72 1/4. First support is Monday's low crossing at $4.92 1/2. Second support is the 50-day moving average crossing at $4.65 1/4. March wheat was higher overnight. The high-range close sets the stage for a steady to slightly lower opening when the day session begins trading. Stochastics and the RSI have turned neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 50-day moving average crossing at $6.22. First resistance is January's high crossing at $6.93. If March renews the rally off Monday's low, January's high crossing at $6.93 is the next upside target. Second resistance is the 62% retracement level of the 2012-2016-decline on the monthly continuation chart crossing at $7.34 1/4. First support is the 50-day moving average crossing at $6.22 3/4. Second support is the December 28th low crossing at $6.07. March Kansas City wheat was higher overnight. The high-range close sets the stage for a steady to higher opening when the day session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below Monday's low crossing at $6.05 1/2 would confirm that a short-term top has been posted. If March renews the rally off Monday's low, the December-2014 high on the monthly continuation chart crossing at $7.05 3/4 is the next upside target. First resistance is January's high crossing at $6.60. Second resistance is the December-2014 high crossing at $7.05 3/4. First support is Monday's low crossing at $6.05 1/2. Second support is the 50-day moving average crossing at $5.86 3/4. March Minneapolis wheat was higher overnight. The high-range close sets the stage for a steady to higher opening when the day session begins trading. Stochastics and the RSI have turned neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below Monday's low crossing at crossing at $6.05 would signal that a short-term top has been posted. If March renews the rally off December's low, the November-2017 high on the monthly continuation chart crossing at $6.58 is the next upside target. First resistance is January's high crossing at $6.53 1/2. Second resistance is the November-2017 high on the monthly continuation chart crossing at $6.58. First support is Monday's low crossing at crossing at $6.05. Second support is January's low crossing at $5.93 1/4. SOYBEAN COMPLEX? http://quotes.ino.com/ex?changes/?c=grains " March soybeans were higher overnight as they consolidate some of Thursday's decline. The mid-range close sets the stage for a steady to higher opening when the day session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above Wednesday's high crossing at $13.94 3/4 would confirm that a short-term low has been posted while opening the door for a test of January's high crossing at $14.36 1/2. If March renews the decline off January's high, the 25% retracement level of the April-January rally crossing at $12.83 1/2 is the next downside target. First resistance is Wednesday's high crossing at $13.94 3/4. Second resistance is January's high crossing at $14.36 1/2. First support is Monday's low crossing at $12.98. Second support is the 25% retracement level of the March-January rally crossing at $12.83 1/2. March soybean meal was steady to slightly lower overnight. The low-range close sets the stage for a steady to slightly lower opening when the day 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 this month's decline the 50-day moving average crossing at $413.50 is the next downside target. Closes above the 20-day moving average crossing at $440.20 would signal that a short-term low has been posted. First resistance is the 20-day moving average crossing at $440.20. Second resistance is January's high crossing at $471.40. First support is the 50-day moving average crossing at $413.50. Second support is the 38% retracement level of the August-January rally crossing at $401.40. March soybean oil was higher overnight as it extends the rally off April's low. The high-range close sets the stage for a steady to higher opening when the day 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 October's low, the 50% retracement level of the 2012-2020-decline on the monthly continuation chart crossing at 47.97 is the next upside target. Closes below the 20-day moving average crossing at 43.16 would signal that a short-term top has been posted. First resistance is the overnight high crossing at 45.58. Second resistance is the 50% retracement level of the 2012-2020-decline on the monthly continuation chart crossing at 47.97. First support is last-Tuesday's low crossing at 41.01. Second support is the 50-day moving average crossing at 40.45.
The March NASDAQ 100 was lower overnight at the end of a volatile week fueled by COVID-19 worries and a Wall Street battle between retail investors and hedge funds over shorted stocks. The mid-range trade sets the stage for a steady to lower opening when the day session begins trading. Stochastics and the RSI are bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at 13,044.30 would signal that a short-term top has been posted. If the NASDAQ 100 resumes the rally off November's low into uncharted territory, upside targets will be hard to project. First resistance is Tuesday's high crossing at 13,599.75. Second resistance is unknown. First support is the 20-day moving average crossing at 13,044.30. Second support is the 50-day moving average crossing at 12,681.75. The March S&P 500 was lower overnight. The low-range overnight trade sets the stage for a steady to lower opening when the day session begins trading later this morning. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends this week's decline, the 50-day moving average crossing at 3708.42 is the next downside target. Closes above the 10-day moving average crossing at 3804.06 would signal that a short-term low has been posted. First resistance is last-Thursday's high crossing at 3859.75. Second resistance is unknown. First support is the 50-day moving average crossing at 3708.42. Second support is the December 21st low crossing at 3637.20.
March T-bonds were lower overnight. The low-range overnight trade sets the stage for a steady to lower opening when the day 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 10-day moving average crossing at 169-14 would signal that a short-term top has been posted. If March renews the rally off January's low, the 50-day moving average crossing at 171-28 is the next upside target. First resistance is the 50-day moving average crossing at 171-28. Second resistance is January's high crossing at 173-11. First support is January's low crossing at 167-11. Second support is the 50% retracement level of the 2018-2020-rally on the monthly continuation chart crossing at 164-04. March T-notes were lower overnight as they consolidate some of the rally off January's low. The low-range overnight trade sets the stage for a steady to lower opening with the day session begins trading. Stochastics and the RSI are overbought remain neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 50-day moving average crossing at 137.183 would open the door for a possible test of January's high crossing at 138.055. Closes below the 20-day moving average crossing at 137.038 would signal that a short-term top has been posted. First resistance is the 50-day moving average crossing at 137.183. Second resistance is January's high crossing at 138.055. First support is January's low crossing at 136.010. Second support is monthly support crossing at 134.298.
April hogs closed up $0.08 at $76.48. April hogs closed higher on Thursday. The low-range close sets the stage for a steady to lower opening when Friday'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 April extends the aforementioned rally, the July-2019 high on the weekly continuation chart crossing at $81.98 is the next upside target. Closes below the 20-day moving average crossing at 73.78 would signal that a short-term top has been posted. First resistance is Tuesday's high crossing at 77.60. Second resistance is the July-2019 high on the weekly continuation chart crossing at $81.98. First support is the 20-day moving average crossing at $73.78. Second support is the 50-day moving average crossing at $71.35. April cattle closed up $0.08 at $122.70 April cattle closed slightly higher on Thursday. The low-range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible. If April extends this month's rally, the January-2020 high crossing at $124.50 is the next upside target. Closes below the 20-day moving average crossing at $119.58 would signal that a short-term top has been posted. First resistance is Tuesday's high crossing at $123.70. Second resistance is the January-2020 high crossing at $124.50. First support is the 20-day moving average crossing at $119.58. Second support is the 50-day moving average crossing at $118.02. March Feeder cattle closed down $0.28 at $139.80. March Feeder cattle closed lower on Thursday as it consolidated some of the rally off October's low. The mid-range close sets the stage for a steady to lower opening when Friday's session begins trading. Stochastics and the RSI have turned neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at $138.10 would confirm that a short-term top has been posted. If March renews this month's rally, the August-2020 high crossing at $145.30 is the next upside target. First resistance is Monday's high crossing at $144.85. Second resistance is the August-2020 high crossing at $145.30. First support is the 50-day moving average crossing at $139.11. Second support is the 20-day moving average crossing at $138.10.
April gold was higher overnight. The high-range overnight trade sets the stage for a steady to higher opening when the day 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 $1873.50 would confirm that a short-term low has been posted. If April renews the decline off January's high, November's low crossing at $1771.30 is the next downside target. First resistance is the 20-day moving average crossing at $1873.50. Second resistance is January's high crossing at $1966.80. First support is last-Tuesday's low crossing at $1804.70. Second support is November's low crossing at $1771.30. March silver was was higher overnight. The high-range overnight trade sets the stage for a steady to slightly lower opening when the day session begins trading later this morning. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If March extends this week's rally, the January 6th high crossing at $28.105 is the next upside target. Closes below the January 19th low crossing at $24.040 would confirm that a top has been posted. First resistance is January's high crossing at $28.105. Second resistance is September's high crossing at $29.380. First support is the January 19th low crossing at $24.040. Second support is November's low crossing at $21.960. March copper was steady to slightly lower overnight while extending the December-January trading range. The high-range overnight trade sets the stage for a steady to slightly lower opening when the day session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below December's low crossing at 3.4390 would confirm a downside breakout of the aforementioned trading range has been posted. If March renews the rally off October's low, the February-2013 high on the monthly continuation chart crossing at 3.7925 is the next upside target. First resistance is the January 8th high crossing at 3.7340. Second resistance is the February-2013 high on the monthly chart crossing at 3.7925. First support is the 50-day moving average crossing at 3.5310. Second support is December's low crossing at 3.4390.
| | | Top Stocks | | # | symbol | name | last | net | % | volume | score | triangles | | | 1. | AMC | AMC Entertainment Holdings, Inc | 13.35 | +4.72 | +201.71% | 587,320,318 | +100 |    | Entry Signal | | 2. | CATB | Catabasis Pharmaceuticals, Inc | 4.1201 | +1.6901 | +126.13% | 285,390,127 | +90 | | Entry Signal | | 3. | AAL | American Airlines Group, Inc | 17.18 | -0.92 | -8.18% | 109,769,416 | +100 | | Entry Signal | | 4. | SOS | SOS Limited American Depositary Shares | 3.03 | +0.63 | +34.43% | 73,130,773 | +100 | | Entry Signal | | 5. | VXRT | Vaxart, Inc | 11.9750 | +3.0550 | +56.57% | 59,958,444 | +90 | | Entry Signal | | 6. | EXPR | Express, Inc | 5.97 | +1.27 | +211.67% | 56,124,873 | +100 | | Entry Signal | | 7. | PLTR | Palantir Technologies Inc. | 35.1599 | -0.5001 | -4.76% | 40,934,816 | +90 | | Entry Signal | | 8. | MRNA | Moderna, Inc. - Common Stock | 173.2100 | +13.6600 | +19.77% | 38,913,793 | +100 | | Entry Signal | | 9. | SIRI | Sirius XM Holdings, Inc | 6.26 | -0.14 | -2.41% | 37,694,330 | +90 | | Entry Signal | | 10. | MSFT | Microsoft Corp | 231.89 | -7.04 | -3.41% | 35,454,189 | +90 | | Entry Signal | | | | | Top Futures | | # | symbol | name | last | net | % | volume | score | triangles | | | 1. | ZT.H21 | 2 YEAR T-NOTES Mar 2021 | 110.503906 | +0.015625 | +0.01% | 43,323 | +100 | | Entry Signal | | 2. | SIL.H21 | SILVER 1000 OZ Mar 2021 | 30.030 | +3.116 | +12.92% | 34,079 | +85 |  | Entry Signal | | 3. | GE.H21 | EURODOLLAR Mar 2021 | 99.840 | 0.000 | 0.00% | 20,779 | +90 | | Entry Signal | | 4. | GE.M21 | EURODOLLAR Jun 2021 | 99.845 | 0.000 | 0.00% | 19,240 | +90 | | Entry Signal | | 5. | SI.K21 | SILVER May 2021 | 29.785 | +2.832 | +11.73% | 18,190 | +85 | | Entry Signal | | 6. | GE.Z21 | EURODOLLAR Dec 2021 | 99.800 | 0.000 | 0.00% | 12,357 | +90 | | Entry Signal | | 7. | GE.Z22 | EURODOLLAR Dec 2022 | 99.735 | +0.005 | +0.01% | 7,950 | +100 | | Entry Signal | | 8. | ZQ.G21 | 30 DAY FED FUND Feb 2021 | 99.9375 | -0.0025 | -0.00% | 9,077 | +90 | | Entry Signal | | 9. | GE.G21 | EURODOLLAR Feb 2021 | 99.8250 | +0.0050 | +0.01% | 7,627 | +90 | | Entry Signal | | 10. | SR1.N21 | 1 MONTH SOFR Jul 2021 | 99.955 | +0.005 | +0.01% | 5,225 | +100 | | Entry Signal | |
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