Comments for October 30, 2009

By Rick Alexander
30 October 2009 @ 10:46 am EDT

LOOKING AHEAD TO FRIDAY BY REFLECTING BACK ON THURSDAY'S ACTION

Focus on the Financials Sector: I hold technical Sell Signals on Bond and Note futures

FINANCIALS: 10/30/09 Unchanged settlement Thursday for the eurodollar but lower for the notes and bonds.. The eurodollar equaled its CONTRACT HIGH AND CLOSE whlle the bonds and notes still look lower overall continuing in their respective resistance areas. The notes are also forming a larger potential topping formation at this time.

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