Tuesday, July 14, 2009
Oil
Crude doesn't seem to be holding onto its gains today. $60 is proving to be very challenging indeed on the upside.
SHORT
I could be dumb here but I am currently short the S&P Futures, just a vibe and playing my regular turn around tuesday trend. Tight stops
GS Earnings
GS earnings should set the tone for the day. Let's see how GS trades after the open as of right now an hour before the open it is flat as GS was up huge yesterday on Whitney's upgrade.
Anyone see Crude- bouncey, bouncey, who told you so???
63.50 is resistance above for crude.
Remember folks what I have been saying I think we get one last push up before we really head down based on the wave structure also July should contain a high from the cycle theory.
We will see soon enough.
MARKETJEDI
Anyone see Crude- bouncey, bouncey, who told you so???
63.50 is resistance above for crude.
Remember folks what I have been saying I think we get one last push up before we really head down based on the wave structure also July should contain a high from the cycle theory.
We will see soon enough.
MARKETJEDI
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