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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
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Thursday, November 17, 2011

Philadelphia Fed Manufacturing Index

The monthly Philadelphia Fed Manufacturing Index data released at 10:00 a.m. today showed a drop from 8.7 to 3.6 as shown on the graph below...levels seen in 2007.


Here's how the YM, ES, NQ & TF responded:


Go figure...