[Mtl JP]

New Month and New Quarter
–
First some base points from which markets will head into a new month and quarter
SPX 5 day -1.53%; 1m -6.27%; 3 m -6.53%; ytd -5.11%
DJIA 5 day -0.96%; 1m -5.15; 3m -3.28%; ytd -2.26%
Nazdaq 5 day-.25%; 1m -8.09%; 3m -12.16%; ytd -10.29%

Group-think pundits observe that Q1 bear sentiment is typically a seasonal phenom.
(As is, typically, positive for the DLR)

Partial-group think optimists speculate that next month “could” offer “an opportunity” for players.

Recent incoming data related to growth in economic activity has been rather dismal, referring to metrics that the FED claims matter to it.

Businesses and individuals, for their part, have been sending out smoke signal data indicating concern about future financial and economic growth prospects. Some portion of pundits are protracting that into increasing odds of coming Recession. But not all – i.e. no consensus on the matter.
There appears to be a softening amongst pundits about “soft landing” and increased itchings about potential of stagflation in various degrees of intensity.

On the topic of anchor, inflation and expectation:
University of Michigan: Inflation Expectation (MICH

[Mtl JP]

End of Day landings
March 10th 2025 LAST Update | 4:46:13 PM EDT
–
DJIA 41,911.71 -890.01 -2.08%

S&P 500 5,614.56 -155.63 -2.69%

NASDAQ 17,468.32 -727.90 -4.00%

BTCusd 795xxx

someone tell me please… is there anything NOT to like ?

[GVI Forex 2]

NAS100 DAILY CHART – ONLY 2 MORE HURDLES LEFT

As thi chart how there are two more resistance lines (blue) before exposing the record high, which would confirm new records in SP and DJIA.

In any case, needs to maintai 20K to keep thoughts of the record high on the radar.

[GVI Forex 2]

S&P and DJIA setting record highs, waiting for NAS to confirm

Iran sabre rattling, threatening to launch 10009s of missiles at Israel if attacked so far having no impact.

[Mtl JP]

The DRAMA
that , sofar, is not:

atm:
DJIA -2.23%
Nasdaq – 3.16%
SnP -2.57%

Imo still lacking drama as long as dumpings of 3% or more per day over a few days each are not the daily headline.

[GVI Forex 2]

More like rotation into the lagging DJIA

[Belgrade Bobby]

DJIA Index

Ugly drop – support now comes at 38.550

I don’t want to call the top, and I don’t have technical reason to do so, but just plain logic telling me that this is starting to look bad for Djia…

[GVI Forex 2]

US 30 4 HOUR CHART – DJIA CLOSE ABOVE 40000

While US30 closed just above 40000, it stayed below the 40053 high

Looking ahead, there is only one level to watch and that is 40000. If it becomes support and 40053 is taken out next target would be a guess.

Of course, a failure to break the high and hold above 40000 would suggest a faikure but there is noi percentage to stand in from of a fast-moving train.

Of interest is all markets ignored a rise in US bond yields today

Next week sees a very light US economic calendar.

[GVI Forex 2]

NAS100 4 HOUR CHART – READY FOR A BREATHER?

Those trying to pick a top in US stock indices have found it a painful experience and I am not going to do so now.

With that said, perhaps the DJIA’s failure to hold its long-awaited test of 40000 is saying it is time to take a breather.

What I have done on this chart is highlight the key levels.

On the upside, the only level that matters on top is the new record-high

On the downside, line up the highlighted red support line. on your vhartt

[GVI Forex 2]

us30 one hour chart – djia texts 30000

RISK ON CONTINUES WITH US30 TESTING 40k

SOME SPILLOVER INTO OTHER MARKETS THAT WERE TRYING TO CORRECT EARLIER.

[GVI Forex 2]

Watch the DJIA close to see if it breaks or extends its string of higher closes. LST -60 PTS.

[Belgrade Bobby]

S&P 500 climbs nearly 1% to end the six-day losing streak

 

Closing changes on the day:

·         S&P 500 up 0.8%

·         DJIA +0.7%

·         Russell 2000 +1.1%

·         Nasdaq Comp +1.0%

·         Toronto TSX Comp +0.3%

 

I had to take a look – such a hysteria that started probably with Bloomberg and then whole net took it over.

It is all in the title, isn’t it ?? Well NO !

I would use some nice words to explain this , but I am warned to stay away from profanity , so I’ll just show you Daily and Weekly chart of S&P 500.

Does this look Bullish to any of you ??? Honestly….don’t be shy…

I can see the possibility to try for the double top …maybe 5.200, and then 4.600 here we come.

So much fake news, false information and paid advertisements ….