Big Morning Moves for Stocks Gold Treasuries and Dollar

Mar 6, 2015: 11:27 AM CST

Luckily, Friday’s session is exciting – certainly not boring at all!

Let’s quickly chart four related strong/impulsive morning moves occurring after the US Jobs Report:

Again, this is just a quick comparison – use these as springboards for additional analysis and trading opportunities.

Stocks broke sharply under the 2,100  pivot and have moved lower in a liquidation swing – which is the logical play.

Gold similarly continued a sell-swing in motion as buyers failed to hold the $1,200 level – collapsing price lower.

Treasuries also failed to hold – or reverse off – the 127’00 level and now protective Treasuries extend their intraday downtrend with gold.

The big winner today so far is the US Dollar Index as it builds off an accelerating intraday uptrend and breakout above 96.00. 

Continue watching – and perhaps trading – these related movements in the cross-market landscape.

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Corey Rosenbloom, CMT
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1 Comment

One Response to “Big Morning Moves for Stocks Gold Treasuries and Dollar”

  1. Danial Says:

    I am really interested in Gold and Dollar because these are the stuff that I usually trade in so it’s very crucial for me to stay connected with all news and updated regarding this. I normally follow my broker OctaFX as they whole setup on their web site which gives me moment by moment updates on all currency pairs, commodities and a lot more that too without having to pay a penny while this site is also really lovely for all.