Summary
The Dow Future is higher 58 points to 31373. The US Dollar Index moved higher by 0.021 points to 90.460. Gold is down 3.605 dollars to 1840.300. Silver is lower 0.23700 dollars to 27.17000. The Dow Industrials declined 9.93 points, at 31375.83, while the S&P 500 dropped 4.36 points, last seen at 3911.23. The Nasdaq Composite edged higher by 20.06 points to 14007.70. Streaming charts of these markets are available at MarketClub
Key Events for Wednesday
7:00 AM ET. MBA Weekly Mortgage Applications Survey Composite Idx (previous 981.1) Composite Idx, W/W% (previous +8.1%) Purchase Idx-SA (previous 334.6) Purchase Idx-SA, W/W% (previous +0.1%) Refinance Idx (previous 4746.2) Refinance Idx, W/W% (previous +11.4%) 8:30 AM ET. January CPI CPI, M/M% (expected +0.3%; previous +0.4%) Core CPI, M/M% (expected +0.1%; previous +0.1%) Energy Idx, M/M% (previous +4.0%) Food Idx, M/M% (previous +0.4%) Real Avg Wkly Pay-Infla Adj, M/M% (previous +0.1%) CPI, Y/Y% (expected +1.5%; previous +1.4%) Core Annual, Y/Y% (expected +1.5%; previous +1.6%) 8:30 AM ET. January Real Earnings 10:00 AM ET. January Online Help Wanted Index 10:00 AM ET. December Monthly Wholesale Trade Inventories, M/M% (expected +0.1%; previous +0%) 10:30 AM ET. EIA Weekly Petroleum Status Report Crude Oil Stocks (Bbl) (previous 475.659M) Crude Oil Stocks, Net Chg (Bbl) (previous -0.994M) Gasoline Stocks (Bbl) (previous 252.153M) Gasoline Stocks, Net Chg (Bbl) (previous +4.467M) Distillate Stocks (Bbl) (previous 162.838M) Distillate Stocks, Net Chg (Bbl) (previous -0.009M) Refinery Usage (previous 82.3%) Total Prod Supplied (Bbl/day) (previous 18.528M) Total Prod Supplied, Net Chg (Bbl/day) (previous -1.153M) 2:00 PM ET. January Monthly Treasury Statement of Receipts & Outlays of the U.S. 8:30 AM ET. Unemployment Insurance Weekly Claims Report - Initial Claims Jobless Claims (expected 755K; previous 779K) Jobless Claims, Net Chg (previous -33K) Continuing Claims (previous 4592000) Continuing Claims, Net Chg (previous -193K) 8:30 AM ET. U.S. Weekly Export Sales Corn (Metric Tons) (previous 7520.3K) Soybeans (Metric Tons) (previous 1457.4K) Wheat (Metric Tons) (previous 736.7K) 9:45 AM ET. Bloomberg Consumer Comfort Index 10:30 AM ET. EIA Weekly Natural Gas Storage Report Working Gas In Storage (Cbf) (previous 2689B) Working Gas In Storage, Net Chg (Cbf) (previous -192B) 2:00 PM ET. SEC Closed Meeting 4:30 PM ET. Foreign Central Bank Holdings 4:30 PM ET. Money Stock Measures 4:30 PM ET. Federal Discount Window 10:00 AM ET. February University of Michigan Survey of Consumers - preliminary Mid-Mo Sentiment (expected 80.9; previous 79.2) Mid-Mo Expectations (previous 73.8) Mid-Mo Current Idx (previous 87.7)
CURRENCIES:http://quotes.ino.com/ex changes/?c=currencies" The March Dollar closed lower for the third day in a row on Tuesday. The low-range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI have turned neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 50-day moving average crossing at 90.47 would signal that a short-term top has been posted. If March renews the rally off January's low, the November 30th high crossing at 91.96 is the next upside target. First resistance is the Monday's high crossing at 91.61. Second resistance is the November 30th high crossing at 91.96. First support is the 50-day moving average crossing at 90.47. Second support is the January 21st low crossing 90.03. Third support is January's low crossing at 89.16. The March Euro closed higher for the third day in a row on Tuesday as it consolidates some of the decline off January's high. The high-range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 50-day moving average crossing at 121.66 are needed to confirm that a short-term low has been posted. If March renews the decline off January's high, the November 23rd low crossing at 118.33 is the next downside target. First resistance is the January 22nd high crossing at 122.03. Second resistance is January's high crossing at 123.68. First support is last-Friday's low crossing at 119.60. Second support is the November 23rd low crossing at 118.33. The March British Pound closed higher on Tuesday as it renewed the rally off last-March's low. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off May's low, the 75% retracement level of the 2016-2020-decline crossing at 1.4156 is the next upside target. Closes below the 50-day moving average crossing at 1.3558 would confirm that a short-term top has been posted while opening the door for a possible test of the January 11th low crossing at 1.3200. First resistance is today's high crossing at 1.3818. Second resistance is the 75% retracement level of the 2016-2020-decline crossing at 1.4156. First support is the 50-day moving average crossing at 1.3558. Second support is the January 11th low crossing at 1.3456. The March Swiss Franc closed sharply higher on Tuesday as it consolidated some the decline off January's high. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 1.1229 would signal that a short-term low has been posted. If March resumes the decline off January's high, the November 30th low crossing at 1.1036 is the next downside target. First resistance is the 20-day moving average crossing at 1.1229. Second resistance is the January 22nd high crossing at 1.1331. First support is the November 30th low crossing at 1.1036. Second support is November's low crossing at 1.0913. The March Canadian Dollar closed higher on Tuesday as it renewed the rally off January's low. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. Today's close above the 20-day moving average crossing at 78.50 signals that a short-term low has been posted. If March renews the decline off January's high, the December 21st low crossing at 77.21 is the next downside target. First resistance is today's high crossing at 78.78. Second resistance is January's high crossing at 79.44. First support is the December 21st low crossing at 77.21. Second support is the November 13th low crossing at 75.96. The March Japanese Yen closed sharply higher due to short covering on Tuesday as it extended the rebound off last-Friday's low. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to higher prices are possible near-term. Multiple closes above the 20-day moving average crossing at 0.0959 would signal that a short-term low has been posted. If March renews the decline off January's high, October's low crossing at 0.0945 is the next downside target. First resistance is the 20-day moving average crossing at 0.0959. Second resistance is the 50-day moving average crossing at 0.0963. First support is last-Friday's low crossing at 0.0946. Second support is October's low crossing at 0.0945.
April crude oil closed higher for the seventh-day in a row on Tuesday ahead of weekly data on U.S. petroleum supplies from the Energy Information Administration due out Wednesday. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If April extends the rally off November's low, the 87% retracement level of the 2018-2020-decline crossing at $62.15 is the next upside target. Closes below the January 22nd low crossing at $51.38 would confirm that a short-term top has been posted. First resistance is today's high crossing at $58.49. Second resistance is the 87% retracement level of the 2018-2020-decline crossing at $62.15. First support is the January 22nd low crossing at $51.38. Second support is the 50-day moving average crossing at $50.32. April heating oil closed higher for the seventh-day in a row on Tuesday as it extends the rally off November's low. The high-range close sets the stage for a steady to higher opening when Wednesday's night trading session begins. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If April extends the rally off November's low, the 62% retracement level of the 2018-2020-decline crossing at $183.37 is the next upside target. Closes below the 20-day moving average crossing at $163.17 would confirm that a short-term top has been posted. First resistance is the 62% retracement level of the 2018-2020-decline crossing at $183.37. Second resistance is the the 75% retracement level of the 2018-2020-decline crossing at $200.04. First support is the 20-day moving average crossing at $163.17. Second support is the January 22nd low crossing at $155.62. Third support is the 50-day moving average crossing at $153.27. April unleaded gas closed higher on Tuesday as it extends the rally off November's low. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling sideways to higher prices are possible near-term. If April extends the rally off November's low, the 75% retracement level of the 2018-2020-decline crossing at $188.15 is the next upside target. Closes below the 20-day moving average crossing at $168.54 would signal that a short-term top has been posted. First resistance is today's high crossing at $180.01. Second resistance is the 75% retracement level of the 2018-2020-decline crossing at $188.15. First support is the 20-day moving average crossing at 168.54. Second support is the 50-day moving average crossing at $156.46. April Henry natural gas closed lower on Tuesday. The low-range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below last-Monday's gap crossing at 2.716 would signal that a short-term top has been posted. If April extends the rally off January's low, November's high crossing at 3.052 is the next upside target. First resistance is last-Friday's high crossing at 2.980. Second resistance is November's high crossing at 3.052. First support is the January 29th low crossing at 2.583. Second support is the January 22nd low crossing at 2.475.
March coffee closed lower on Tuesday as it extends the trading range of the past two-weeks. The low-range close sets the stage for a steady to lower opening on Wednesday. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March renews the rally off November's low, September's high crossing at 13.57 is the next upside target. Closes below last-Thursday's low crossing at 12.02 would confirm that a short-term top has been posted. March cocoa closed higher on Tuesday as it extended the trading range of the December-February trading range. The mid-range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the January 4th high crossing at 26.61 would signal that a short-term low has been posted. If March renews the decline off November's high, the November 16th gap crossing at 23.95. March sugar closed higher on Tuesday. The high-range close set the stage for a steady to higher opening on Wednesday. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March renews the rally off December's low, weekly resistance crossing at 17.23 is the next upside target. If March renews the decline off January's high, the 50-day moving average crossing at 15.36 is the next downside target. March cotton closed sharply higher on Tuesday as it extended this year's rally. The high-range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off April's low, the July-2018 high on the weekly continuation chart crossing at 89.98 is the next upside target. Closes below the reaction low crossing at 79.75 would signal that a short-term low has been posted.
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March Corn closed down $0.07 1/2-cents at $5.56 1/4. March corn posted a key reversal down with today's lower close following today's USDA WASDE report. U.S. corn supplies tightened due to rising exports to China. However, global corn production was forecasted to increase despite dry global growing conditions. Further assumption are that increased domestic demand has largely been factored into current prices and the lack of downward adjustment to South American supplies triggered today's set back in prices. Ending stocks for the 2020/21 growing season were cut by 50 million bushels to 1.502 billion bushels. This was significantly higher than the average trade guess of 1.392 billion bushels. Never-the-less, a modest rebound ahead of the closed tempered some of today's losses and the mid-range close sets the stage for a steady to lower opening when Wednesday's night sessions begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 50% retracement level of the 2012-2019-decline on the monthly continuation chart crossing at $5.72 1/4 are needed to extend the rally off August's low. Closes below the 20-day moving average crossing at $5.35 would signal that a short-term top has been posted. First resistance is today's high crossing at $5.74 1/4. Second resistance is the 50% retracement level of the 2012-2019-decline crossing at $5.72 1/4 is the next upside target. First support is the 20-day moving average crossing at $5.35. Second support is the January 25th low crossing at $4.92 1/2. March wheat closed down $0.06 1/4-cents at $6.49 1/2. March wheat closed lower on Tuesday. The USDA estimated 2020/21 U.S. wheat stocks at 836 million bushels, which was basically in line with the average trade guess of 834 million bushels. World ending stocks saw a moderate decline from January's estimate of 11.507 billion bushels to 11.177 billion bushels this month. That was a larger decline than the average trade guess of 11.494 billion bushels. The mid-range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. If March resumes the rally off December's low, long-term resistance on the monthly continuation chart crossing at $7.34 1/4 is the next upside target. Closes below the 50-day moving average crossing at $6.28 3/4 would open the door for a larger-degree decline near-term. First resistance is January's high crossing at $6.93. Second resistance is monthly resistance on the monthly continuation chart crossing at $7.34 1/4. First support is the 50-day moving average crossing at $6.28 3/4. Second support is the December 28th crossing at $6.07. March Kansas City Wheat closed down $0.06 1/4-cents at $6.33 1/2. March Kansas City wheat closed lower on Tuesday. The mid-range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March resumes this winter's rally, the December-2014 high on the monthly continuation chart crossing at $7.05 3/4 is the next upside target. If March resumes the decline off January's high, the 50-day moving average crossing at $5.96 1/4 is the next downside target. First resistance is January's high crossing at $6.60. Second resistance is the December-2014 high on the monthly continuation chart crossing at $7.05 3/4. First support is last-Wednesday's low crossing at $6.04 1/2. Second support is the 50-day moving average crossing at $5.96 1/4. March Minneapolis wheat closed down $0.08 3/4-cents at $6.26 1/2. March Minneapolis wheat closed lower on Tuesday. The mid-range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible. If March renews the rally off December's low, monthly resistance crossing at $6.58 is the next upside target. Closes below last-Wednesday's low crossing at $6.09 1/2 would confirm that a short-term top has been posted while opening the door for a possible test of the 50-day moving average crossing at $5.96. First resistance is January's high crossing at crossing at $6.53 1/2. Second resistance is monthly resistance crossing at $6.58. First support is the January 25th low crossing at $6.05. Second support is the 50-day moving average crossing at $5.96. SOYBEAN COMPLEX? http://quotes.ino.com/ex?changes/?c=grains " March soybeans closed up $0.14-cents at $14.01 3/4. March soybeans closed higher on Tuesday as it renewed the rally off January's low. The USDA lowered ending stocks by 20 million bushels to 120 million bushels, which is just below pre-report trade expectations of 123 million bushels. Soybean carryout is now projected to fall to the lowest level since 2013/14. The USDA raised its estimate for 2020/21 exports by 20 million bushels to 2.25 billion bushels. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are is possible near-term. If March extends the rally off January's low, January's high crossing at $14.36 1/2 is the next upside target. If March renews the decline off January's high, the 50-day moving average crossing at $12.93 is the next downside target. First resistance is January's high crossing at $14.36 1/2. Second resistance is the 75% retracement level of the 2012-2019-decline on the monthly chart crossing at $15.39 1/4. First support is the 50-day moving average crossing at $12.93. Second support is the 25% retracement level of the April-January rally crossing at $12.83 1/2. March soybean meal closed up $2.10 to $438.70. March soybean meal closed higher on Tuesday as it extends the trading range of the past three-weeks. The mid-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices possible near-term. Closes above the 20-day moving average crossing at $439.90 would signal that a short-term low has been posted. If March renews the decline off January's, the 50-day moving average crossing at $419.30 is the next downside target. First resistance is January's high crossing at $471.40. Second resistance is monthly resistance crossing at $478.40. First support is the 50-day moving average crossing at $419.30. Second support is the 38% retracement level of the August-January rally crossing at $401.40. March soybean oil closed up 89 pts. at 46.52. March soybean oil closed sharply higher on Tuesday as it renewed the rally off last-March's low. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off October's low, the 50% retracement level of the 2008-2020-decline the monthly continuation chart crossing at 47.97 is the next upside target. Closes below the 20-day moving average crossing at 43.80 would confirm that a short-term top has been posted. First resistance is today's high crossing at 46.67. Second resistance is the 50% retracement level of the 2008-2020-decline the monthly continuation chart crossing at 47.97. First support is the 20-day moving average crossing at 43.80. Second support is the 50-day moving average crossing at 41.45.
The Dow closed higher for the seventh-day in a row on Tuesday as it extends the rally off last-Friday's low. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling sideways to higher prices are possible near-term. This week's rally above January's high crossing at 31,272.22 has renew the rally off October's low into uncharted territory. Closes below the 50-day moving average crossing at 30,501.13 would signal that a short-term top has been posted. First resistance is today's high crossing at 31,425.64. Second resistance is unknown. First support is the 20-day moving average crossing at 30,882.32. Second support is the 50-day moving average crossing at 30,501.13. The March NASDAQ 100 closed higher on Tuesday as it extends the rally off February's low and posted a new contract high. The mid-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off September's low into uncharted territory, upside targets will be hard to project. Closes below the 50-day moving average crossing at 12,890.04 are needed to confirm that a short-term top has been posted. First resistance is today's high crossing at 13,735.25. Second resistance is unknown. First support is the 10-day moving average crossing at 13,381.00. Second support is the 50-day moving average crossing at 13,268.64. The March S&P 500 closed slightly higher on Tuesday as it extends this month's rally into uncharted territory. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally into uncharted territory, upside targets will be hard to project. Closes below the 50-day moving average crossing at 3745.42 would signal that a short-term top has been posted. First resistance is today's high crossing at 3913.25. Second resistance is unknown. First support is the 20-day moving average crossing at 3817.95. Second support is the 50-day moving average crossing at 3745.42.
March T-bonds closed down 3/32's at 167-01. March T-bonds closed slightly lower on Tuesday. The low-range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off November's high, the 50% retracement level of the 2018-2020 rally crossing at 164-04 is the next downside target. Closes above the 20-day moving average crossing at 168-19 would signal that a short-term low has been posted. First resistance is the 20-day moving average crossing at 168-19. Second resistance is the January 28th high crossing at 170-29. Third resistance is the 50-day moving average crossing at 170-28. First support is Monday's low crossing at 166-03. Second support is the 50% retracement level of the 2018-2020 rally crossing at 164-04. March T-notes closed up 20 pts. at 136.230. March T-notes closed slightly higher on Tuesday. Stochastics and the RSI remain neutral to bearish signaling that sideways to lower prices are possible near-term. The mid-range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. If March extends the decline off the January 27th high, January's low crossing at 136.010 is the next downside target. Closes above the 50-day moving average crossing at 137.129 would renew the rally off January's low while opening the door for additional gains near-term. First resistance is the 50-day moving average crossing at 137.129. Second resistance is January's high crossing at 138.055. First support is January's low crossing at 136.010. Second support is monthly support on the continuation chart crossing at 134.298.
April hogs closed down $0.28 at $80.38. April hogs closed lower on Tuesday. The mid-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If April extends the aforementioned rally, the July-2019 high on the weekly continuation chart crossing at $81.98 is the next upside target. Closes below the 20-day moving average crossing at 76.10 would signal that a short-term top has been posted. First resistance is Monday's high crossing at 81.07. Second resistance is the July-2019 high on the weekly continuation chart crossing at $81.98. First support is the 10-day moving average crossing at $78.27. Second support is the 20-day moving average crossing at $76.10. April cattle closed down $0.13 at $123.83 April cattle closed lower on Tuesday after spiking to to a new high for the year in early-trading. The low-range close sets the stage for a steady to lower opening on Wednesday. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible. If April extends the rally off October's low, the December-2019 high on the monthly continuation chart crossing at $127.90 is the next upside target. Closes below the 20-day moving average crossing at $121.33 would signal that a short-term top has been posted. First resistance is today's high crossing at $125.68. Second resistance is the December-2019 high crossing at $127.90. First support is the 20-day moving average crossing at $121.33. Second support is the 50-day moving average crossing at $119.12. April Feeder cattle closed up $1.70 at $143.18. April Feeder cattle closed higher on Tuesday. The mid-range close sets the stage for a steady to higher opening when Wednesday's session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If April resumes the decline off January's high, January's low crossing at $135.03 is the next downside target. If April renews the rally off January's low, the August-2020 high on the weekly continuation chart crossing at $148.40 is the next upside target. First resistance is January's high crossing at $147.00. Second resistance is the August-2020 high on the weekly continuation chart crossing at $148.40. First support is last-Monday's low crossing at $140.05. Second support is January's low crossing at $135.03.
April gold closed higher on Tuesday due to short covering as it consolidates some of last-week's decline. The low-range close sets the stage for a steady to slightly higher opening when Wednesday's night session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that a low might be in or is near. Closes above the January 29th high crossing at $1878.90 are needed to confirm that a short-term low has been posted. If April renews the decline off January's high, November's low crossing at $1771.30 is the next downside target. First resistance is the January 29th high crossing at $1878.90. Second resistance is January's high crossing at $1966.80. First support is November's low crossing at $1771.30. Second support is the 50% retracement level of the 2019-2020-rally crossing at $1724.50. March silver closed lower on Tuesday. The low-range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. If March renews the rally off January's low, monthly resistance on the continuation chart crossing at 30.727 is the next upside target. If March renews the decline off last-Monday's high, the 50-day moving average crossing at 25.649 is the next downside target. First resistance is last-Monday's high crossing at 30.350. Second resistance is monthly resistance on the continuation chart crossing at 30.727. First support is the 50-day moving average crossing at 25.649. Second support is January's low crossing at 24.040. March copper closed higher for the third day in a row on Tuesday as it extended the rally off February's low. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are becoming overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March resumes the rally off March's low, monthly resistance crossing at 379.25 is the next upside target. Closes below January's low crossing at 349.10 would signal that a short-term top has been posted. First resistance is the January 8th high crossing at 373.40. Second resistance is monthly resistance crossing at 379.25. First support is January's low crossing at 349.10. Second support is December's low crossing at 343.90.
| | | Top Stocks | | # | symbol | name | last | net | % | volume | score | triangles | | | 1. | OCGN | Ocugen, Inc. | 12.5822 | -3.2278 | -178.33% | 150,013,810 | +90 |    | Entry Signal | | 2. | AUVI | Applied UV, Inc. | 19.9630 | +14.7830 | +304.80% | 116,746,062 | +90 | | Entry Signal | | 3. | HTBX | Heat Biologics, Inc | 12.579 | +4.209 | +58.22% | 69,994,276 | +90 | | Entry Signal | | 4. | GLUU | Glu Mobile, Inc | 12.665 | +3.275 | +36.72% | 57,063,344 | +100 | | Entry Signal | | 5. | CRBP | Corbus Pharmaceuticals Holdings, Inc | 3.080 | +0.280 | +12.56% | 50,276,615 | +90 | | Entry Signal | | 6. | PLTR | Palantir Technologies Inc. | 38.120 | +2.070 | +6.10% | 42,088,183 | +100 | | Entry Signal | | 7. | BSQR | BSQUARE Corporation | 8.41 | +2.72 | +167.90% | 41,353,375 | +100 | | Entry Signal | | 8. | OTLK | Outlook Therapeutics, Inc. - Common Stock | 3.075 | -0.235 | -20.80% | 37,971,449 | +90 | | Entry Signal | | 9. | KALV | KalVista Pharmaceuticals, Inc | 33.645 | +18.035 | +118.73% | 34,692,607 | +90 | | Entry Signal | | 10. | SRNE | Sorrento Therapeutics, Inc | 16.13 | -0.38 | -2.60% | 27,692,667 | +90 | | Entry Signal | |
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