Bill Cara’s Blog for Mar 25, 2013

CTA Trading Desk Morning Report

[7:00am ET] Good morning, Geoff here.

Equity futures are higher this morning following a deal being struck in Cyprus.

As I stated last week, the index is seeking new highs. However, supporting Bill’s analysis in the WIR, you can see internal weakness in the index that is pointing towards a decline – probably after price makes new highs.

Unless the following breadth measures improve, I would doubt a sustained higher price without a decline first.

Have a great trading day!

Here are the 7:00am ET snapshots of the latest equity market trading results for Europe, and futures prices plus 5-minute charts of the futures for S&P 500, 30-year US Treasury Bond, US Dollar index, Gold and Crude Oil.

Symbol	Name	Last Trade	Change	Related Info
^ATX	ATX	2,444.87 6:45AM EDT	23.19 (0.96%)	Components, Chart, More
^BFX	BEL-20	2,615.40 Mar 21	0.90 (0.03%)	Components, Chart, More
^FCHI	CAC 40	3,831.31 6:59AM EDT	61.02 (1.62%)	Components, Chart, More
^GDAXI	DAX	8,018.24 6:45AM EDT	106.89 (1.35%)	Components, Chart, More
AEX.AS	AEX General	354.24 6:45AM EDT	3.50 (1.00%)	Components, Chart, More
^OSEAX	OSE All Share	523.92 6:45AM EDT	2.07 (0.40%)	Components, Chart, More
^OMXSPI	Stockholm General	376.37 6:44AM EDT	3.24 (0.87%)	Components, Chart, More
^SSMI	Swiss Market	7,793.96 6:45AM EDT	49.63 (0.64%)	Components, Chart, More
^FTSE	FTSE 100	6,445.18 6:45AM EDT	52.42 (0.82%)	Components, Chart, More
FPXAA.PR	PX Index	984.25 7:00AM EDT	3.64 (0.37%)	Chart, More
MICEXINDEXCF.ME	MICEX Index	1,441.36 7:45AM EDT	0.00 (0.00%)	Chart, More
GD.AT	Athex Composite Share Price Index	930.53 Mar 22	5.67 (0.61%)	Chart, More