• US Treasury to help VN with State bonds Jul 3rd, 2008, 23:15 - APD (Length: 1326)
• US TREASURY TO HELP VIETNAM WITH STATE BONDS Jul 3rd, 2008, 22:34 - APU (Length: 1336)
• BRIEF: Due date for Morgan tax bills shifts back: Later receipts won't hurt the schools, superintendents say. Jul 3rd, 2008, 20:20 - KRT (Length: 903)
• BRIEF: Due date for Morgan tax bills shifts back: Later receipts won't hurt the schools, superintendents say. Jul 3rd, 2008, 20:13 - KRT (Length: 903)
• AUSTRALIAN BOND MARKET OPENS STRONGER - JULY 4, 2008 Jul 3rd, 2008, 20:03 - APU (Length: 1883)
• Canadian Forex/Bond Comment: C$ Weakens Jul 3rd, 2008, 16:45 - RNI (Length: 1412)
• SRI LANKA CENTRAL BANK EASES EMIGRANT EXCHANGE CONTROLS Jul 2nd, 2008, 23:49 - APU (Length: 2181)
• WDM trades worth Rs 545.00 cr at NSE Jul 2nd, 2008, 19:52 - APD (Length: 542)
• AUSTRALIAN BOND MARKET OPENS STRONGER - JULY 2, 2008 Jul 1st, 2008, 19:53 - APU (Length: 2227)
• The Daily Star, Oneonta, N.Y., Tom Grace column: U.S. hasn't seen rock bottom yet Jul 1st, 2008, 09:35 - KRT (Length: 4897)

[ More US Treasury News ]

Analysis

Thu 7/3/08

Mov Avg-Exponential Indicator:

Conventional Interpretation: Price is above the moving average so the trend is up.

Additional Analysis: Market trend is UP.

Mov Avg 3 lines Indicator:

Note: In evaluating the short term, plot1 represents the fast moving average, and plot2 is the slow moving average. For the longer term analysis, plot2 is the fast moving average and plot3 is the slow moving average

Conventional Interpretation - Short Term: The market is bearish because the fast moving average is below the slow moving average.

Additional Analysis - Short Term: The market is EXTREMELY BEARISH. Everything in this indicator is pointing to lower prices: the fast average is below the slow average; the fast average is on a downward slope from the previous bar; the slow average is on a downward slope from the previous bar; and price is below the fast average and the slow average.

Conventional Interpretation - Long Term: The market is bullish because the fast moving average is above the slow moving average.

Additional Analysis - Long Term: Recently the market has been extremely bullish, however currently the market has lost a some of its bullishness due to the following: the fast moving average slope is down from the previous bar, price is below the fast moving average. Its possible that we may see a market pullback here. if so, the pullback might turn out to be a good buying opportunity.

Bollinger Bands Indicator:

Conventional Interpretation: The Bollinger Bands are indicating an oversold condition. An oversold reading occurs when the close is nearer to the bottom band than the top band.

Additional Analysis: The market appears oversold, but may continue to become more oversold before reversing. Look for some price strength before taking any bullish positions based on this indicator.

Volatility Indicator: Volatility is in a downtrend based on a 9 bar moving average.

Momentum Indicator:

Conventional Interpretation: Momentum (0.25) is above zero, indicating an overbought market.

Additional Analysis: The long term trend, based on a 45 bar moving average, is UP. The short term trend, based on a 9 bar moving average, is DOWN. Momentum is in bullish territory.upside move is likely.

Rate of change Indicator:

Conventional Interpretation: Rate of Change (0.25) is above zero, indicating an overbought market.

Additional Analysis: The long term trend, based on a 45 bar moving average, is UP. The short term trend, based on a 9 bar moving average, is DOWN. Rate of Change is indicating an overbought market. However the market may continue to become more overbought. Look for some evidenced weakness before closing long positions here.

Comm Channel Index Indicator:

Conventional Interpretation: CCI (63.16) is in neutral territory. A signal is generated only when the CCI crosses above or below the neutral center region.

Additional Analysis: CCI often misses the early part of a new move because of the large amount of time spent out of the market in the neutral region. Initiating signals when CCI crosses zero, rather than waiting for CCI to cross out of the neutral region can often help overcome this. Given this interpretation,CCI (63.16) is bullish, but has begun showing some weakness. Begin looking for an attractive point to liquidate long positions and return to the sidelines.

RSI Indicator:

Conventional Interpretation: RSI has issued a bearish signal (RSI is at 87.44). When RSI crosses above the overbought line (currently set at 80.00) a sell signal is issued.

Additional Analysis: RSI is in overbought territory and has reversed, offering a reasonably strong bearish signal.

MACD Indicator:

Conventional Interpretation: MACD is in bearish territory, but has not issued a signal here. MACD generates a signal when the FastMA crosses above or below the SlowMA.

Additional Analysis: The long term trend, based on a 45 bar moving average, is UP. The short term trend, based on a 9 bar moving average, is DOWN. MACD is in bearish territory.

Open Interest Indicator: Open Interest is trending up based on a 9 bar moving average. This is normal as delivery approaches and indicates increased liquidity.

Volume Indicator:

Conventional Interpretation: No indications for volume.

Additional Analysis: The long term market trend, based on a 45 bar moving average, is UP. The short term market trend, based on a 5 bar moving average, is DOWN. Volume is trending lower. In general this is bearish.

Stochastic - Fast Indicator:

Conventional Interpretation: The stochastic is in overbought territory (SlowK is at 85.61); this indicates a possible market drop is coming. The stochastic is bearish because the SlowK line is below the SlowD line.

Additional Analysis: The long term trend is UP. The short term trend is UP. Even though the stochastic is signaling that the market is overbought, don't be fooled looking for a top here because of this indicator. The stochastic indicator is only good at picking tops in a Bear Market (in which we are not). Exit long position only if some other indicator tells you to.

Stochastic - Slow Indicator:

Conventional Interpretation: The stochastic is in overbought territory (SlowK is at 88.33); this indicates a possible market drop is coming. The stochastic is bearish because the SlowK line is below the SlowD line.

Additional Analysis: The long term trend is UP. The short term trend is UP. Even though the stochastic is signaling that the market is overbought, don't be fooled looking for a top here because of this indicator. The stochastic indicator is only good at picking tops in a Bear Market (in which we are not). Exit long position only if some other indicator tells you to.

Swing Index Indicator:

Conventional Interpretation: The swing index has crossed zero, identifying this bar as a short term pivot point.

Additional Analysis: No additional interpretation.

Important: This commentary is designed solely as a training tool for the understanding of technical analysis of the financial markets. It is not designed to provide any investment or other professional advice.

Note: The above analysis is computer generated from mathematical formulae, and is provided for educational purposes only. Neither the above, nor any information on this site is intended as a trade recommendation.