The most significant chart that I’m watching today & through the remainder of the week is the S&P 500 which continues to test the key level 2815ish resistance level. I’m more concerned with how the SPX closes the week than what happens today although we’ll just have to assess the technicals as they develop. /ES (SPX futures) daily chart below.
ES daily March 14th
Crude futures (/CL & $WTIC) continue to test the 58ish resistance level while also backtesting the trendline off the Dec ’18 lows. Daily & 60-min charts below.
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- CL 60-min March 14th
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- CL daily March 14th
I’m also still watching the various agricultural commodities recently highlighted such as coffee, wheat, corn & cotton and will post any significant developments as they occur.