Total Pageviews

Wednesday, August 15, 2012

Couple of Charts


Not much for you today, folks.
The only notable things that caught our attention was the 10-year Treasury yield closing above resistance thus negating what could have been a short-term island top in yields, a common chart pattern in the bond market and interest rates.
Also of note,  Apple couldn’t hold an almost $9 gain at closed near its low, but still up a few bucks on the day.  The daily price action hammered out a gravestone doji, which should be monitored.
On the other hand, today’s price action could have been just noise.   Stay tuned.
(click here if charts are not observable)

No comments:

Post a Comment