Weekly updates on the Financial markets with a focus on the underlying trends that are moving asset classes. I focus on economic fundamentals and inter market relationships between different asset classes in order to determine market direction. Emphasis is also on technical analysis of chart patterns.
Tuesday, May 7, 2013
German factory orders came in better than expected as I surmised yesterday. S&P E-minis seem to be bumping up against short term resistance in the 1616.50 area after a surge to 1617.