Tuesday, November 2, 2010

Still Nothing



Well the market is still doing NADA.
We are above the 78.6% Fibonacci retracement on the daily chart which suggests a full retracement to the highs is due, but we are just not getting in gear at all.
Day trading has turned frustrating for the time being with no late follow through as the market decides which way it wants to go next.
Wish I could give more insight but the market is doing nothing to step out and make any decisive move.