-SPY gaps off support
-MACD(5,35,5) crossover signal for SPY
-T-Bill rate near zero again
-Financials SPDR lags overall market
-3 key banks to watch (GS,JPM,STT)
-Gold gets frothy on the daily chart
-US Dollar Index remains in downtrend
-Bullish flag in oil extends
-30-year Treasury Bond breaks resistance with gap
-Click here for today's video
-MACD(5,35,5) crossover signal for SPY
-T-Bill rate near zero again
-Financials SPDR lags overall market
-3 key banks to watch (GS,JPM,STT)
-Gold gets frothy on the daily chart
-US Dollar Index remains in downtrend
-Bullish flag in oil extends
-30-year Treasury Bond breaks resistance with gap
-Click here for today's video
About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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