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|
||23.19 (0.96%)||Components, Chart, More|
||0.90 (0.03%)||Components, Chart, More|
||61.02 (1.62%)||Components, Chart, More|
||106.89 (1.35%)||Components, Chart, More|
||3.50 (1.00%)||Components, Chart, More|
|^OSEAX||OSE All Share||523.92
||2.07 (0.40%)||Components, Chart, More|
||3.24 (0.87%)||Components, Chart, More|
||49.63 (0.64%)||Components, Chart, More|
||52.42 (0.82%)||Components, Chart, More|
||3.64 (0.37%)||Chart, More|
||0.00 (0.00%)||Chart, More|
|GD.AT||Athex Composite Share Price Index||930.53
||5.67 (0.61%)||Chart, More|
The team will check in during the day, reporting in the Discourse when there is a new entry.
Enjoy your day.
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