NYSE modest volume yesterday. Breadth oscillators working off oversold condition. Market is on a Vix Spike BUY (V reversal in the VIX). 50% chance the market makes it to the daily EMA – 2883 over the next 3-4 trading days. Very good odds of testing 2869.
A B C up on 80k tick could make move up into the 2869 level but must watch to see if it acts as resistance or if they move through and go for the gap fill. 2869 main upside pivot, start of gap. Initial downside support 2852.
BP day 7 of extended run
Silver and Copper have low TP reading, Copper should rally further from declining wedge.
GC 3 bar BO
Coffee has funky 3 bar
Turtle soup in cocoa
Daily 3/10 osc has abc on lean hogs
Grains – Look to fill in yesterdays range to the upside: All made new momentum hgihs on the 2-period ROC.