FINANCIALS: 02/09/10 Lower closes on Monday for the eurodollars, bonds and notes. The eurollars made their lowest close since January 7th but really haven't gone anywhere since the above mentioned date while being in a bull market long-term. The bonds and notes settled lower but are both in up-trends both giving me BUY SIGNALS on Friday.
ENERGIES: 02/09/10 .Higher closes yesterday for the crude and heat along with the rbob while lower for natural gas. The crude ,heat and rbob settled higher for the second consecutive trading session but are still in down-trends overall. Gas rallied early into the heart of a good resistance area but then sold off sharply to close near its session's lows needing to hold the 5400 area basis the March contract.