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
Can Commodities and Bond Prices predict S&P direction
Started by
qqqqtrdr
, Feb 12 2011 09:27 AM
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