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Sentiment and Momentum Indicator (SMI)

Global Market Alert Service

The SMI detail shown below forms part of TheLFB subscription service that analyzes global market trade, including intra-day trend, momentum, and price action points that use i-hour charts for analysis. Subscribers receive intra-day email alerts whenever the SMI indicators trigger a change in global price action, sentiment, and momentum, on each asset class. Equity Indices, gold, silver, oil, dollar index and currency pairs are all covered. The intra-day SMI service is in addition to our trading plans, which are issued for each asset class and made available to clients at the close of business each day.

The trade plans offer a deep analysis of each asset class, which allows investors and traders to plot a course through the global market trading day on those sectors of interest to them The SMI service sends out alerts in real time as momentum and sentiment change. Keep ahead of the game, and work in real time.

The detail below will be updated during the course of the next 24 hours of trade, with specific alerts that will highlight direction and price points as global market trade breaks intra-day ranges.

Intra-day Equity Indices SMI

    * S&P 500 (Mixed)
      Long momentum, flat trend. Long from 1322 targeting 1327. Short from 1301 targeting 1285
    * German Dax (Short)
      Short momentum, short trend. Long from 7232 targeting 7270. Short from 7124 targeting 7080
    * Japanese Nikkei (Short)
      Short momentum, short trend. Long from 10615 targeting 10723. Short from 10448 targeting 10383

Intra-day Commodity SMI

    * Gold Bullion (Mixed)
      Long momentum, flat trend. Long from 1412 targeting 1416. Short from 1404 targeting 1396
    * Silver Bullion (Mixed)
      Long momentum, flat trend. Long from 33.50 targeting 33.75. Short from 32.70 targeting 32.40
    * WTI Crude Oil (Long)
      Long momentum, long trend. Long from 99.50 targeting 100.80. Short from 97.30 targeting 96.25
    * 10-year Treasury Note
      Long momentum, long trend. Long from 120.25 targeting 120.32. Short from 120.00 targeting 119.85

Intra-day Currency SMI

    * Dollar Index (Short)
      Short momentum, short trend. Long from 77.55 targeting 77.75.  Short from 76.95 targeting 76.75
    * Eur/Usd (Mixed)
      Long momentum, flat trend. Long from 1.3775 targeting 1.3820. Short from 1.3700 targeting 1.3660
    * Gbp/Usd (Short)
      Short momentum, short trend. Long from 1.6190 targeting 1.6230. Short from 1.6060 targeting 1.6030
    * Usd/Jpy (Short)
      Short momentum, short trend. Long from 81.95 targeting 82.20. Short from 81.50 targeting 81.25