Thursday, March 27, 2014

New Lows

Although most major indices made new lows, I'm seeing a lot of hammers in individual stocks. Also some volume patterns are pointing to a possible bottom.

5m-chart SPY:

Daily charts DIA, SPY, QQQ and IWM:

Euro, oil, metals
The euro closed below 1.375, next support is 1.365.
Oil went higher, gaining over 1%. The $100 resistance is finally won over.
Metals: minor losses for copper and silver, but gold went down another 0.7%.

No comments:

Post a Comment