Classic case of support becoming resistance. Might we see a flip back to support imminently, on US Treasury Notes? (Futures ZN shown below…)
About to break? Or another sell?
Rest assured, I am still recording all the markets during the day, and keeping a close eye on news flow.
I had high hopes for a video today. There seemed to be a constant flow of news regarding Putin, and also some words from Yellen. But after watching the tapes back, the market response was very lagged – basically a far cry from the sort of high-impact news Captain Harry Hindsight dreams about.
Today was a load of nonsense, as far as I’m concerned (as at 7pm UK time anyway).
Up, Down, Back to Square One
I like to keep an eye on SEC filings. Every now and then I come across a funny one.
Filed 1 hour ago (as of this post), by AMERICAN GRAPHITE TECHNOLOGIES INC. [AGIN]
Not a good sign for any affiliated companies!
Current stock value:
Not in good shape anyway
Before you ask, yes, it is possible to short this stock (at least at the moment, in quantity of 30k shares)
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