Thursday, February 26, 2026

Major Indexes Remain Range Bound

 2/26/2026


 


In fact the PMO in all three cases looks like it is bottoming and about to turn up. teh blue arrow on teh INDU chart marks the spot. A weekly break above the recent highs will  invalidate the bear case for the time. 

ten yer yields closed at 4.017, lower not higher.

March silver closed down $2. at  $88.89. 

Crude oil up a nickel at $65.47.

 In short no big changes, watching range bound stocks.  

Teh weekly charts are down but not significantly, we will update this weekend on the weekly close. 

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