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The charts and comments in my Blog (posted in Eastern Time) represent my technical analysis and observations of a variety of markets...
*World Indices *U.S. Indices *Futures *U.S. Equities & Sectors *ETFs *Commodities *Forex
...an expanded version of the "Observations" section in my private Daily Trading Journal.
***N.B. ~ U.S. bond & equity markets closed on Monday, May 27th for Memorial Day holiday.

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...
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