LOOKING AHEAD TO FRIDAY BY REFLECTING BACK ON THURSDAY'S ACTION
Metals looking strong with the possible exception of Copper. Financials are all in Uptrends.
METALS: 10/02/09 Lower closes on Thursday for copper, gold, silver and platinum. All of the metals are still in up-trends but with potential topping formations still in place. Copper has quite a bit of resistance overhead and platinum has good support under 12500 basis the January contract.
FINANCIALS: 10/02/09 Higher to sharply higher closes yesterday for the eurodollars, notes and bonds. The financials are still in uptrends this time with the eurodollar making another new contract high and close while the bonds(April) and notes(May) made new recent highs and closes ending their short-lived double tops.