Gold…1700 followed by 1715 are the next resistance levels. Gold has to stay above 1681.
Silver…32.40 ish is the next resistance zone.
30 yr. Bonds…145.31 is first resistance. 146.23 is the closing # the bonds have to stay above to start a move higher.
Canadian Dollar Futures…100.65 is the must hold closing # to avoid another figure lower.
CAD/JPY…is at qtrly and semi annual resistance. This has to stay above 90.56 to avoid profit taking.
General Comments…
The stock rotation continues.
Pay attention to your time frames and don’t fight the afternoon capital flows.
March Oil is front month today.
Model Trading Portfolio……………..
Stop Close Profit Points
Long Gold 1674 1715
Long ANR 11+/ 12.30
These are static levels that do not change.The Medium Term View will be included as a courtesy for our clientele in the A.M. Look. It will no longer be available in our archive section until the end of the qtr.
