Thursday, February 24, 2011

First target

First target 1299.50 hit.

there it breaks

There is breaks lower. watching 1299.50, 1289 then 1284 if we do get that far.

Lower

I think we head lower today. Signal was the break of 1306 yesterday. Target is 1284 with a minor reflection @ 1289

Hour in

Market moves around the flat line. Kind of in no man's land here. I guess the bounce was short lived but it is pretty early

Futures

Futures all are positive. I guess they bought it up before the open, that's why the professionals always ahead of the crowd. The little guys can't trade before 9:30 :)

Futures

Nasdaq futures now positive before the open.

Gap down

It is only 7:30 but if we still trading here on the futures at the open we have a buy able gap down.