Sunday, January 30, 2011

GS-looks lower

Overnight

So it is Sunday 8:00pm and futures are down not much but breaching some significant levels. Oil up more than a buck.

We will see what happens tomorrow.

what I see



Trendline currently of the market- Though we printed a heavy day down on Friday we must be cautious on monday. What would be the perfect scenario is a gap up and a test of Fridays' low on the opposite side if we gap down I would be looking for a fad to relieve some of that nasty selling on Friday.