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Can Commodities and Bond Prices predict S&P direction


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#1 qqqqtrdr

qqqqtrdr

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Posted 12 February 2011 - 09:27 AM

I'm evaluating and looking Short Term trading overbought and oversold conditions concerning S&P in relation to commodities and bonds... Currently... $SPX = Short Term Overbought ( because bond prices lower, commodities tracking lower over last 3 days ) Next Day Indicator - Lower ( $CRB and TLT indicating a high chance of short term fluctuation ) week outlook - Neutral ( Still to early to tell it it is a change in lower commodites and bond prices medium term ) Barry