10.05.2009

HEADING HIGHER


Equity markets are set to open higher with the futures trading as follows:


ES +5;

NQ +9.5;

YM +38;


The usual on the fx market with the dollar down a bit the EURO up a bit v the dollar while gold is higher at 1006 and crude is down less than a buck at $69.2.
I am liking the looks of the equity markets here as long as we stay above the SMA 50 at around 1022 on the SPX.


Twins and Tigers playing tomorrow in a one game playoff and the Yanks ended the season with a bang as they exploded for 10 runs in the 6th v the Rays-


Weekend links:


VIX + MORE checking out the TRINQ;


A timely Ten from IQ Trends;

BESPOKE charting the EWZ;


Don't miss the rally!!!;


Birth death adjustment back in the news;




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